AIPA begins accepting applications for upfront subsidies for agribusiness start-up projects.
The Agency for Interventions and Payments in Agriculture announced the beginning of the VII stage of accepting applications for receiving advance subsidies for start-up projects in the agro-industrial complex. From April 15 to June 18, agricultural producers who are starting to work in the agri-food sector for the first time can apply for subsidies. In particular, applications can be submitted by young people, women farmers and migrants who have returned to Moldova and intend to implement investment projects in the agricultural sector. Priority sectors for which advance subsidies will be allocated: equipment and technological equipment of livestock farms; purchase and breeding of pedigree animals and preservation of their genetic fund; development of post-harvest and processing infrastructure; production of vegetables and fruits in greenhouses; creation, modernization and felling of perennial plantations, including vineyards and orchards. The maximum amount of financial assistance will be up to 65% of the cost (the maximum amount is 1 million lei). Advance subsidies will be paid in two installments. The first part - 75% of the grant amount - will be paid subject to confirmation of co-financing from the recipient in the amount of 35% of the eligible costs. The second tranche - 25% of the subsidy amount - is paid on the basis of an application for payment upon commissioning of the investment object and the provision of supporting documents, depending on the area in which the investment is made. More information is available on the AIPA website.// 09.04.2021 — InfoMarket
