The spinning company S.A. Hilados Egarfil, member of AEI Tèxtils, within its product innovation strategy, submitted a project proposal to the first call for 2018 of SME Instrument programme, which aims to support small and medium enterprises across Europe to develop and bring to market new products and services.
S.A. Hilados Egarfil proposal was among the 257 projects selected for funding of 50.000€ to develop a business plan. This business plan to be developed by S.A. Hilados Egarfil aims to bring to the market a new yarn that will enable the diversification of the company’s activity toward technical textile niche markets.
S.A. Hilados Egarfil received support from AEI Tèxtils in preparing this first stage. AEI Tèxtils, as a business organization with know-how in the technical textiles sector and with expertise in strategic re-orientation within this field, will continue collaborating with the company in the development of the business plan which will be performed in 6 months.