Applications on asking for subsidies in agro-industrial sector can be submitted in Moldova till 18 June

Chisinau, 27 May /MOLDPRES/ - The Agency of Intervention and Payments for Agriculture (AIPA) has reminded that, till 18 June, eligible applicants can submit applications asking for subsidies in advance for start-up projects in the agro-industrial sector.    

According to the institution, the subsidies in advance are provided only based on investment projects submitted by agricultural producers, who will carry out economic activity in the agro-industrial sector for the first time.  

"Applications on asking for subsidies in advance can be submitted by young people, women farmers and migrants who returned home, who intend to start businesses in the agriculture sector, according to the fields of support prioritized by the Agriculture, Regional Development and Environment Ministry (MADRM), as follows: stimulating investments for the equipment and technological renovation of zoo-technical farms; stimulating investments for purchasing breeding animals and maintaining their genetic fund; stimulating investments for the development of the post-harvesting and processing infrastructure, etc.   

The applications will be considered by AIPA, according to the procedures of the regulation, and the evaluation and final selection of investment projects, which fulfilled the eligibility criteria, will be carried out by the evaluation and selection commission.

The state’s support accounts for 65 per cent of the project’s value, which will not exceed one million lei. The payments will be made in two installments: the first one – 75 per cent of the subsidy’s value, which will be paid on condition that evidence is presented as to the co-financing by the beneficiary of 35 per cent of the eligible costs’ value; the second installment – 25 per cent of the subsidy’s value, based on the application of disbursement at the putting into operation of the investment’s object and presentation of the confirmative acts, according to the sector in which the investment in made.     

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