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.