Portugal 2020

Project designation: MOLDIFLEX – Visors and acrylic protections

Project code: NORTE-02-0889-FEDER-048719

Main objective: Strengthen SME competitiveness

Intervention region: Norte

Beneficiary entity: MOLDIFLEX – Indústria de Moldes e Flexográficos, Lda

Approval date: 16-06-2020

Start date: 11-05-2020

Completion date: 10-07-2020

Total eligible cost: 216.277,94 EUR

European Union financial support: 205.464,04 EUR

Description:

This project is part of the national effort to address the COVID-19 pandemic and, through it, MOLDIFLEX proposes to produce:

• Individual protective visors.
  Used on their own or in addition to masks, there is now broad agreement that visors are a fundamental tool in preventing the spread of the COVID-19 epidemic, for the most exposed professional groups but also for the general population. These devices, similar to motorcycle helmet visors, constitute a first physical barrier that protects against contact with coronavirus-infected droplets exhaled by potentially infected individuals and prevents the user from infecting other people.

• Acrylic protections / separators of various sizes for professional use.
  Given the scale of current and expected demand, we consider that the existing supply is currently insufficient and for that reason we decided to move into this new business area, based on what we anticipate may become the potential of this market.