The State Agricultural Co-Financing Program provides co-financing for primary production, storage of agricultural products, and processing activities.

The purpose of the Program is to promote:

• growth in primary production;
• development of the value chain in the agricultural sector;
• creation and improvement of product storage and processing infrastructure.

The objectives of the Program are to:

• introduce modern, efficient technologies adapted to climatic conditions into production;
• produce high-quality agri-food products tailored to market demand;
• increase access to financial resources;

The Program includes the following components:

• co-financing of primary production;
• co-financing of processing and storage enterprises;
• Preferential Agrocredit for fixed assets;
• Preferential Agrocredit for current assets;
• co-financing for the establishment of a slaughterhouse.

The Program is available to a registered entrepreneurial natural person (individual entrepreneur) or an entrepreneurial legal entity in which the State holds no ownership interest, participation interest, or shares. In addition, to participate in the Program, a potential beneficiary must be registered in the Registry of Farms and Rural Enterprises.

The aggregate amount of Agency co-financing under all components of the Program shall not exceed GEL 2,000,000 (farmers interested in establishing a dairy farm shall be subject to different terms):

• up to 50% of the total amount of the project submitted under all components of the Program, and up to 55% in the case of cooperatives holding agricultural status, villages adjacent to the dividing line, and high-mountain settlements;
• up to 40% of the total amount of the project submitted under the Co-Financing of Processing and Storage Enterprises Component, and up to 45% in the case of cooperatives holding agricultural status, villages adjacent to the dividing line, and high-mountain settlements.

A beneficiary may receive co-financing available under all components until the applicable limit(s) have been exhausted.

The Program is implemented by the Non-Entrepreneurial (Non-Commercial) Legal Entity - Rural Development Agency.

Implementation of the Program is coordinated by the Ministry of Environmental Protection and Agriculture of Georgia.

Resolution of the Government of Georgia