Project Designation
Polopique Fabrics Strategy 2019: New textiles and new clothing concepts
Project Code
NORTE-01-0249-FEDER-0011734
Main goal
Strengthen research, technological development, and innovation
Region of intervention
Norte
Beneficiary entity
POLOPIQUE II – TECIDOS, S.A.
Date of approval
24-12-2015
Start Date
03-09-2015
Conclusion Date
02-09-2017
Total eligible cost
Euro 1.558.840,00
Financial support from the European Union
FEDER – Euro 701.478,00
Goals, activities, and expected results
Given the increasing demand for the development of new products with higher added value, tailored to the international demand profile (incorporating new fabric properties or possessing new functionalities), the current investment project involves the installation of state-of-the-art weaving equipment. This equipment aims to (i) introduce a significantly higher production capacity compared to the current capacity and (ii) improve the production process, making it faster, more efficient, and capable of creating new ranges of innovative products.