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GRC Technologie, Poland, receives loan of PLN 9mn for innovative line

Krakow-based GRC Technologie has become the first company in Poland to benefit from financial support from ARP Venture, a company which receives funds from the Industrial Development Agency (ARP). GRC Technologie has signed an agreement for a PLN 9 million (€2.21 million/US$2.37 million) loan which will be used to build an environmentally-friendly production line for building materials. These will include mortar, cement and glue made with fly-ash. The role of ARP Venture is to provide support for
April 2, 2015 Read time: 1 min

Krakow-based GRC Technologie has become the first company in Poland to benefit from financial support from ARP Venture, a company which receives funds from the Industrial Development Agency (ARP).

GRC Technologie has signed an agreement for a PLN 9 million (€2.21 million/US$2.37 million) loan which will be used to build an environmentally-friendly production line for building materials.

These will include mortar, cement and glue made with fly-ash.

The role of ARP Venture is to provide support for innovation beyond the research and development stage. In 2015 the ARP Venture will receive PLN 70 million for this purpose.

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