Co-financed by the European Union

https://evropskasredstva.si/
https://www.podjetniskisklad.si/

Operation Title

Innovative lifting bed with a lifting mechanism

Funding Recipient (Beneficiary)

Furna, development and production of innovative products Ltd.

Lead Partner of the Operation

The operation is carried out based on a contract with the Slovenian Enterprise Fund (the Fund). The Fund acts as the implementing body, monitoring the achievement of milestones of individual development phases and providing a business assessment, which is a condition for the disbursement of funds. In addition to financial supervision, the Fund also provides the beneficiary with substantive support in the form of free mentoring by experienced start-up mentors.

Description of the Operation

Within the submitted project, the company is developing a lifting bed that is the result of its own development. The product will allow users to make better use of space, thereby reducing living costs. The lifting bed represents a universal solution, as it is suitable for different room heights, bed sizes, and room layouts. It differs from competing products through an innovative lifting mechanism and an innovative way of folding the bed legs.

Objectives and Results

The main objective of the operation is the successful development of the product and its transition to the market through three development phases:

1. Phase 1 (until 31 July 2025): Establishment of development activities, realization of at least one employment, and conclusion of a contract with a mentor.
2. Phase 2 (until 28 February 2026): Preparation of a minimum viable product (MVP), execution of testing, and retention of employment.
3. Phase 3 (until 31 March 2027): Completion of development, launch of the final product on the market, start of sales, and generation of revenue.

Financial Support

The operation is co-financed by the European Union through the European Regional Development Fund (ERDF) and the Republic of Slovenia. Funds are allocated within the program for strengthening sustainable growth and competitiveness of SMEs.

• Total co-financing amount: up to 72,000.00 EUR
• European Regional Development Fund share (85%): up to 61,200.00 EUR
• Republic of Slovenia budget share (15%): up to 10,800.00 EUR
• Eligible public expenditure period: from 14 February 2025 to 31 December 2027

Contact

Aljaz Primozic
levitas@levitasliving.com