Support for investments in the measure “Investments in tangible assets”
From April 14 to May 14 farmers and processing companies can apply for support under the measure “Investments in Tangible Assets” to make investments in farms and enterprises. Support is available in two sub-measures.
4.1: “SUPPORT FOR INVESTMENTS IN RURAL FARMS”
The aim of this measure is to support rural farms and their investments in energy efficiency, the use of renewable energy, and emission reduction, as well as ensuring alternative energy sources in emergency situations. Various types of investments are eligible for support in organic farms. However, support is not granted for the purchase of agricultural tractors and self-propelled harvesting machinery.
Available funding allocation for this support measure:
- Small farm group: EUR 2.4 million;
- Medium and large farm group: EUR 5.6 million;
- Cooperative societies: EUR 2 million.
4.2: “SUPPORT FOR INVESTMENTS IN PROCESSING”
The available funding for this sub-measure is EUR 2 million. The goal of the measure is to promote the use of renewable energy in agriculture, the installation of equipment, or the provision of alternative water resources necessary for business operations in emergency situations.
Within the measure, only investments in the purchase of fixed assets and construction are eligible, as long as they are necessary for the installation of renewable energy production equipment or the establishment of deep water boreholes.
The deadline for project implementation is no later than October 1, 2025. Project applications must be submitted through the Rural Support Service’s Electronic Application System. Projects can be implemented with support from the European Union’s European Agricultural Fund for Rural Development and the Rural Development Programme for the 2014-2020 planning period.
Information source: Rural Support Service