State Agro Co-financing Program Presented in the Shida Kartli Region
The Rural Development Agency introduced the new State Agro Co-financing Program to representatives of the local government and self-government, farmers, and entrepreneurs in the Shida Kartli region at a meeting held in Gori.
The meeting was attended by Zurab Gozalishvili, Director of the Rural Development Agency, and Mikheil Pavlenishvili, First Deputy State Representative in the Shida Kartli Region.
During the meeting, participants received detailed information about the program’s objectives, funding conditions, and areas of support.
The State Agro Co-financing Program was launched on 1 July. Under the program, funding is available for the establishment of perennial crops, greenhouse farms, livestock and poultry farms, beekeeping, aquaculture and mariculture farms, facilities for the slaughter of food-producing animals (slaughterhouses), as well as processing and storage enterprises.
The program is available to registered individual entrepreneurs and legal entities.
The Agency’s total co-financing under the program is limited to no more than GEL 2 million. Farmers interested in establishing dairy farms benefit from different financing conditions.
Under the program, the Agency’s co-financing is determined at up to 50% of the total project cost, while agricultural cooperatives and projects implemented in villages adjacent to the occupation line and in high-mountain settlements are eligible for co-financing of up to 55%.
Applications for the State Agro Co-financing Program are submitted electronically through the official website of the Rural Development Agency.
One of the mandatory prerequisites for participation in the State Program is registration in the Register of Farms and Rural Enterprises.