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Bulgarian producer of distinguished herbal tinctures and oin...
created · Updated
Deadline: Jan 26, 2022
Received 0 expressions of interest

Summary

Bulgarian company, based in Sofia, is focused on the production of herbal tinctures as food additives and ointments. The main feature of all products is to use entirely natural plant ingredients to achieve healing properties. The formulas of the products are secret know-how and under process of Intellectual Property Rights (IPR) protection. The company seeks to enter new markets through distribution agreements with EU partners.

Description

The main focus of the Bulgarian company is the production of Bulgarian herbal, natural products - tinctures as food additives and ointments. The products have proven to support the improvement of conditions related to the functioning of the gastrointestinal tract, the loco-motor system conditions such as disc herniation, discopathy, arthritis, osteoporosis, as well as support in improvement of the conditions associated with diabetes and pre-diabetic conditions, problems with the vascular system and hemorrhoids.
The company also produces under its own formula products to help quicker recovery of varicose wounds, level-3 burns, wounds of different origins. Products are successfully applied to soothe skin with dermatitis and psoriasis as well as to restore cracked and dry skin. A variety of herbs is used in the production. What distinguishes the company from the other producers is that the products are designed to regenerate the condition and remove the infection sources. Thus, customers achieve long lasting results.
All products of the company are available in glass packaging in order to preserve the natural herbal composition, not oxidize and preserve healing properties.
The company seeks to develop cooperation and export to the EU through distribution agreements.
The company is ready to support the international partner with promotional materials and joint participation at events. It will provide consultation support on its products, promotional materials and information line for its partners. The distribution partners will receive training in order to be able to respond to the questions of the customers and follow their feedback.
The benefits for the distribution partners will be:
- a new interesting original product added to their portfolio;
- possibility to expand sales and profit margins;
- opportunity to gain exclusivity representation under negotiable conditions.

Advantages & innovations

The main advantages offered by the company are: 1) All products formulas are made with the use of secret know-how, developed for 5 years with academic participation. 2) The company follows closely the feedback of its customers and at the moment has applied to protect is IPR. Patent is pending for some of its products. 3) The products have obtained all necessary certificates for sale as a herbal food additive. All products are tested and endorsed by the food safety authorities. 6) The company has good manufacturing and distribution policy to allow products quickly reach the customers. It has a discount system for ordered quantities.

Stage of development

Already on the market

Partner sought

The company is looking for distribution partners who will help with developing of a strong sales network, who have experience in the market of bio and natural products both through stores or online trade. The potential partner will offer the company's products to its customer base, consult the customers upon necessity. Exclusive representation rights are possible upon reaching a certain volume of sales. Details will be negotiated.

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Latest Opportunities
Project full name: EIT Food Public Engagement Proof of Concepts Call for Proposals 2023, 2024, 2025
Project acronym: EIT Food PE PoC Call 2023, 2024, 2025
Grant agreement number: N/A
Total EU funding available: €360 000 per submission window (total for 3 rounds: €1 380 000)
By the date of the Calls’ launches a webpage will be activated at eitfood.eu/projects/public-engagement-proof-of-concepts-call

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