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:

Program Objectives Maximum percentage of co-financing and amount per beneficiary
All other beneficiaries Youth/legal entity with at least 50% of its founders being youth Member of the WUO/legal entity, at least 50% of whose founders are members of the Organization
1 Greenhouse construction (from 400 m2) 50% 55% 60%
[20,000 GEL] [20,000 GEL] [20,000 GEL]
2 Installation of a drip irrigation system (including fertigation and filtration systems) for annual crops and/or perennial crops of strawberries and/or alfalfa 50% 55% 60%
(No more than 2,500 GEL per 1 ha) [30,000 GEL] [30,000 GEL]  [30,000 GEL]
3 Installation of a sprinkler irrigation system (including fertigation and filtration systems) for annual crops and/or perennial crops of strawberries and/or alfalfa 50% 55% 60%
(No more than 6,000 GEL per 1 ha) [20,000 GEL] [20,000 GEL] [20,000 GEL]
4 Construction of a solar power plant with a capacity of no more than 5 kW/h 50% 55% 60%
[10,000 GEL] [10,000 GEL] [10,000 GEL]
5 Establishment of agro-meteorological stations for primary production of annual and/or perennial crops 50% 55% 60%
[10,000 GEL] [10,000 GEL] [10,000 GEL]
6 Purchase of agricultural implement(s) 50% 55% 60%
[5,000 GEL] [5,000 GEL] [5,000 GEL]
7 Purchase of agricultural machinery - additionally, the amount of hand tractor (motoblock) - is determined according to horsepower*. 50% 55% 60%
[3,000 GEL] [3,000 GEL] [3,000 GEL]


* In the case of purchasing agricultural  hand tractor (motor-block) – the agency’s co-financing share will not exceed 50% of the total cost, specifically:

- For power between 7 and 9 horsepower (HP) – up to 1,000 GEL;
- For power between 9 and 11 HP – up to 1,300 GEL;
- For power between 11 and 13 HP – up to 1,700 GEL;
- For power 13 HP and above – up to 2,000 GEL;

** If the program beneficiary is also a youth and a member of WUO, they will receive an additional 10% co-financing.

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 supervisory board.

 

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