Funding is available for the measure "Investments in tangible assets"

From November 7 to December 7, 2017 this year can apply for support under three investment support measures: "Support for investments in agricultural holdings", "Support for investments in processing" and "Support for investments in the development of agricultural and forestry infrastructure".

At the event “Support for investments in agricultural holdings” The fourth round of public funding available to agricultural service cooperatives is 5 million euros, and to farms 70 million euros. Funding for farms is distributed according to the regionalization principle, the distribution can be viewed on the service's website. The aim of the measure is to support farms in order to improve their economic performance and competitiveness, as well as to promote the development of cooperation.

At the event “Support for investment in processing” The public funding available for the sixth round is 25 million euros. The aim is to increase the efficiency of agricultural product processing and increase the added value of products, promoting the development of competitive cooperation and the development of sustainable agricultural production and the introduction of innovations in companies.

At the event “Support for investments in the development of agricultural and forestry infrastructure” The fourth round of public funding available to individuals, farms and municipalities is 8 million euros. The goal is to improve agricultural and forestry infrastructure.

More information about the conditions for receiving support and requirements for applicants is available on the service's website www.lad.gov.lv.

Project applications must be submitted using the RSS Electronic Application System or in accordance with the Electronic Documents Law, as well as in person at the RSS regional agricultural departments or at the Customer Service Center in Riga, Republikas laukums 2. Telephone for clients 67095000.

The call for project applications has been announced within the framework of the European Union's European Agricultural Fund for Rural Development and the Rural Development Programme.

Source: RSS