Cofinancing

The Program provides co-financing for various areas of the dairy industry.  

*Note: In the case of "solar power plant" targeting, applications are suspended at this stage.

Setting up a solar power plant is possible only with the construction/reconstruction of a farm, the beneficiary must submit only 1 application, within which the cost of setting up a solar power plant will not exceed 50% of the total cost of the project. Two applications for construction/reconstruction of a farm and installation of a solar power plant will not be accepted at the same time.

In case of "Alternative activities for young people" direction, applications will be received from the following regions: Samtskhe-Javakheti, Samegrelo-Zemo Svaneti and Imereti.

Definitions

• Milk producer - a farmer who has not less than 1 and not more than 25 dairy cattle;
• Veterinary and artificial insemination - a potential beneficiary who is a provider of artificial insemination and veterinary services, who has theoretical knowledge (confirmed by a relevant diploma/certificate) and at least 2 years of practical work experience in the relevant field (confirmed by a letter of recommendation);
• Medium-sized milk processing enterprise - an enterprise whose capacity is 1-10 tons of milk processing per day (24 hours) and employs/employs at least 8 people;
• Small-scale milk processing enterprise - which has the capacity to process no more than 1 ton of milk per day and employs/employs at least 2 people.

Those wishing to participate in the program can simultaneously receive co-financing from different directions of the program, only in the following cases:

• The beneficiary of the small milk processing enterprise can participate in the direction of the milk collection point on the summer pastures;

Restrictions

The Program does not provide funding for the following expenses:

       a) Purchase of real estate, including land;

       b) Design services;

       c) Repayment of loans and other liabilities;

       d) Procurement of shares / equities of the enterprise;

       e) Purchase of animal.

The potential beneficiary and / or its founder / shareholder / stakeholder will not receive the co-financing provided by the Program if he/she owns a share / equity within the Program in the good /service provider/development company registered for him/her in Georgia.

The beneficiary – in order to confirm the fulfillment of the purpose provided for in the contract - has to submit to the expert/audit report of the person enlisted in the registry maintained by the accounting, reporting and audit supervision service – the lower state entity or the report issued by the LEPL Levan Samkharauli National Forensics Bureau regarding purposeful expenditure of investment value and performance; the report should provide with the methodology of preparation and should be accompanied by the copies of the documents certifying the expenditure of funds (payment order and/or cash receipt).

The farm created / modernized / expanded under the program must meet the certain criteria for setting up a farm and basic criteria.