Boosting Trade through EU Standards Alignment - LOT 2

QUESTION 1 – IMPACT OF THE PROJECT – Total 30 Points

1.1    Please describe your business, what you will invest in, and the key improvements you expect to achieve. 

•  Briefly describe what you do, your products/services, and your main customers
• What will improve or change in your business?
• What benefits do you expect (e.g. better quality, more sales, new markets), provide measurable indicators and targets
• Why are these results important for your business?

1.2   How will this project make your business more competitive, efficient, faster, higher quality, greener, or more digital compared to how you operate today? 

• Describe and explain how competitiveness will be enhanced with measurable targets  (e.g. through innovation, product quality, business processes, digitalisation, operational efficiency, sustainability/green transition etc)

1.3  How will your project help your business align with EU standards? 

• Describe how your project supports alignment with implementation of EU policies, strategies, regulatory requirements, best practices, product standards, upgraded systems or certification processes.

 

 750 words maximum

QUESTION 2 – TRADE POTENTIAL – Total 30 Points 

2.1 Please describe clearly your existing/ potential customers and the markets you sell to or want to enter. 

• Please mention your position with regards to:
  • GLT/ or wider EU market
  • Other markets

 2.2  How will this project help you start or grow your trade through the Green Line and/or EU markets? 

• Please mention how will the project improve your ability to trade? (e.g. meeting EU standards, improving quality, increasing capacity, using digital tools)
  • Will this help you trade now, or prepare your business for future trade?
  • What trade challenges will the project help you solve?

2.3  Based on your current performance, what are your realistic sales targets following completion of your project for 2028 and 2029?  

• Please include your current sales and expected sales for Green Line Trade, EU markets, and other markets where relevant. Explain briefly how you estimated these targets.

  600 words maximum

QUESTION 3 – OPERATIONAL AND PROJECT MANAGEMENT CAPACITY – Total 15 Points

3.1 Please list your main project activities and insert indicative date of completion for each suggested activity. 

• e.g. Procurement of X machine, September 2027 ; Procurement of X Services, March 2027)   

3.2 Who are the key people responsible for running this project and what are their skills and experience to run the project? 

• e.g. Owner/Director: Manages the business and will lead the project ; External consultant: Has 5 years’ project management experience and will support coordination, documentation, and reporting. 

3.3 Please identify up to three main risks that might delay or affect your project, and explain your backup plans? 

• Potential Risks: e.g  delays in equipment delivery, price increases
• Mitigation Measures: e.g. early finalisation of tendering, good market research

 300 words maximum

QUESTION 4 – FINANCIAL AND BUDGET MANAGEMENT - Total 15 Points

4.1  Please complete Annex 1 – Project Budget. 

• Please provide a breakdown by activity and item, the overal total costs of the project and the grant amount being sought.

4.2 Please explain how the expected benefits justify the amount of funding requested. Explain why the cost is reasonable compared to the improvements your project will achieve. 

 

150 words maximum

QUESTION 5 - SUSTAINABILITY OF THE PROJECT – Total 5 Points

5.1 After the project ends, how will your business continue to benefit from the grant?

• Please explain how you will continue using the improvements made through the project, and how they will help your business grow, keep customers, or increase/ sustain trade in the future.

 

150 words maximum

QUESTION 6 – PRIOR EU-FUNDED SUPPORT