PROJECT SELITEX

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The drawdown of the grant from Norway was successfully completed on 30 November 2023.

This project was co-financed from the Norwegian Financial Mechanism 2014-2021 and the state budget of the Slovak Republic.

In 2021, we received support from the program "Development of trade, innovation and SMEs" co-financed from the Norwegian Financial Mechanism 2014-2020 and the budget of the Slovak Republic.

• Project number: BIN SGS01_2020_012
• Project name: SELITEX - Second Life For Textile
• Project goal: To reduce the negative impact of the textile industry on the environment
• The amount of the granted grant: EUR 194,787
• Total eligible expenses: EUR 216,430
• Name and address of the recipient: Wakivaky j.s.a., Kataríny Franklovaj 5791/10, 90201 Pezinok
• Place of project implementation: Pezinok
• Planned project completion date: 28.2.2024

„Working together for a green, competitive and inclusive Europe“.

THANKS for the support

SELITEX received a grant from Norway in the amount of €194,787. The project was co-financed in the amount of €21,643 from our own funds. The goal of the project is to reduce the negative impact of the textile industry on the environment.

Information about Norwegian grants

Norwegian grants represent Norway's contribution to a green, competitive and inclusive Europe.

Through Norwegian grants, Norway contributes to the reduction of economic and social differences and to the strengthening of mutual relations with recipient states in Central and Eastern Europe and the Baltics.

Norway cooperates closely with the EU through the Agreement on the European Economic Area (EEA). Together with other donors, Norway gradually provided 3.3 billion euros between 1994 and 2014 through grant schemes.

Norwegian grants are financed exclusively by Norway and are available in countries that joined the EU after 2003. For the period 2014-2021, Norwegian grants amount to 1.25 billion euros. The priorities of this period are:

#1 Innovation, research, education and competitiveness

#2 Social inclusion, youth employment and poverty eradication

#3 Environment, energy, climate change and low carbon economy

#4 Culture, civil society, good governance and fundamental rights

#5 Justice and internal affairs

All projects are co-financed in the amount of 15% from the state budget of the Slovak Republic.

To get more about programs and projects financed by Norwegian grants in Slovakia, visit www.norwaygrants.sk.

Financial support is divided into 2 parts = purchase of property and subsidy for labor costs for the implementation team. We plan to expand the technical equipment for our development and production. We will use the wage subsidy mainly for the acceleration of the development of the selected 3 products, the transformation of internal production and business processes, the registration of intangible assets and for supporting business and marketing activities.

As part of the project, we have committed to create 12 part-time jobs. During the implementation of the project, we will cumulatively process approx. 15 tons of discarded textile material (upcycling). We will convert the majority of this material into products for further use (see our e-shop). We adjust and compact the residual material from production. As part of the circular economy, we will then forward the material modified in this way to our partners for further processing (recycling).

If you want to know more about programmes and projects financed by the Norway Grants in Slovakia, visit www.norwaygrants.sk.

Implementation of the project - ongoing schedule

Outputs and information from project implementation