Those wishing to participate in programs/projects must submit applications only in Georgian.

Co-financing Conditions and Restrictions

Within the program, co-financing for a single beneficiary will be determined in a total amount not exceeding 30,000 GEL.

A beneficiary's contribution within the program can be represented by:

  • Own financial resources
  • Loan
  • A loan issued under the "Preferential Agrocredit Project"
  • Funding from other sources

If a beneficiary reduces their contribution through funding from another source, their contribution must not be less than 25% of the total project value.

The percentage share and maximum amounts of co-financing, depending on the type of beneficiary and the activity to be implemented, are detailed below:

Purpose of the grant Maximum percentage of co-financing and the amount of money per beneficiary
Other beneficiaries Young people/legal entity whose founders are at least 50% young people Tsmo member / legal entity, whose founders are at least 50% Tsmo members
1 Setting up a greenhouse (from 400 m2) 40% [16,000 GEL] 45% [16,000 GEL] 50% [16,000 GEL]
2 Arrangement of a drip irrigation system for annual crops (including fertigation and filtration systems) 40% [20,000 GEL] 45% [20,000 GEL] 50% [20,000 GEL]
no more than 2000 GEL per hectare
3 Arrangement of sprinkler irrigation system (including fertigation and filtration systems) for annual crops 40% [15,000 GEL] 45% [15,000 GEL] 50% [15,000 GEL]
no more than 5000 GEL per hectare
4 Setting up a solar power plant with a capacity of no more than 5 kW/h 40% [10,000 GEL] 45% [10,000 GEL] 50% [10,000 GEL]
5 Arrangement of agrometeorological stations for the primary production of annual and/or perennial crops 40% [7,000 GEL] 45% [7,000 GEL] 50% [7,000 GEL]
6 Purchase of agricultural trailer(s). 40% [3,000 GEL] 45% [3,000 GEL] 50% [3,000 GEL]

 

Program Monitoring

The agency is authorized to conduct field and documentary monitoring at any time.

The fulfillment of the beneficiary's obligations under the contract must be confirmed by a report from a person designated by the agency's board.

 

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