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.
