Vilber's, as a recognized social enterprise operating under the Ministry of Welfare of Latvia, is thrilled to announce that we have been awarded substantial funding of 40,000 EUR for our continued development. This crucial support, covering 90% of our project expenses (with a 10% self-cofounding contribution), is strategically aimed at strengthening our dedicated team and building long-term resilience within our capabilities. Ultimately, this will allow us to amplify our impact and deliver even greater value across multiple markets.
This vital funding is administered by Altum through the European Social Fund Plus (ESF+) project "Support for Social Entrepreneurship," identification No. 4.3.3.3/1/24/I/001. We are immensely grateful for this significant investment in our mission and the recognition of the value we bring as a social enterprise. This funding will be instrumental in allowing us to scale our operations, enhance our team's expertise, and further innovate in the realm of adaptive and sensory-friendly clothing. We are excited about the opportunities this support unlocks and the positive impact it will enable us to create.