ICotton Ltd. is a company founded on November 24, 2011. The company’s main activities according to NACE Rev. 2 classification are the production of perfumes and cosmetics (NACE 20.42), the preparation and spinning of textile fibres (NACE 13.10), the manufacture of textiles n.e.c. (NACE 13.99), the wholesale of textile products (NACE 46.41) and the wholesale of intermediate products (NACE 46.76).The selection of the relevant scientific and research directions for Latvia is based on the development of the local workforce (appropriate education, skills, work culture, specialisation and teaching opportunities) and the development of local sciences with advanced science and science (a variety of sciences and science at the end of the pharmacy). Based on these pre-conditions, the specialisation of smart materials, smart technologies and engineering systems of the most important sectors for the Latvian economy have been selected.ICotton cooperates with Latvian scientists (advanced local knowledge), the habilitated doctor of the Department of Design and Material Technology Silvija Kukle has published several studies on the use of non-woven materials in the insulation materials in the construction process, as well as changes in the properties of text materials created by coatings. There is no company with high productivity advanced nonwoven production equipment with operator and setup team (remote local workforce), therefore SIA “iCotton” cooperates with scientists for research needs offering to use production line for testing. iCotton after completion will work together with RTU will work on research of new materials and their applications, where initial work will be organised within the scientific institution. iCotton SIA after completion will work together with RTU will work on industrial output in further development of manufacturing materials.In 2017, the company will be able to develop innovative materials in the field of manufacturing, thus the implementation of the initial work will be organised within the framework of scientific institution, and then in practice tested SIA “iCotton”, after completion together with RTU will work on research of new materials and their applications.In 2017, the company will be able to develop the manufacturing capacity in the field of innovative products, where the initial work will be organised within the scientific institution, and then in practice at the manufacturing plant “iCotton”, after completion will be working together with RTU will work on research of new materials and their applications, where the initial work will be organised within the scientific institution, and then tested in practice at SIA “iCotton”, after completion will be worked together with RTU to work on new materials and manufacturing in the field of product development. In this context, the company plans to create a new production facility in order to expand the company’s economic activities by introducing new products in production, as well as to increase the volume of existing products.In order for the company to implement the project in this volume (to build a new production building and also to purchase new production lines in parallel), it will be necessary to carry out the following supported activities:-designing of one of the two production buildings in accordance with the laws and regulations;-performance of works according to the winners of the procurement procedure;-authorisation supervision. Author supervision of the technical projects of both buildings so that construction is carried out in accordance with technical projects;-Construction supervision. During the construction works mandatory construction supervision will be carried out in order to build the buildings according to the technical project and, in compliance with all laws and regulations established in LatviaThe project will result in construction of a new production building, installation of new production equipment and introduction of a new product group.It is expected that the total eligible costs of the project will amount to EUR 2 539 184.46, while ERDF co-financing will amount to 45 % and will amount to EUR 1 142 633.01.The project is planned to be implemented within 50 months from the conclusion of the contract with CFLA.