Those wishing to participate in programs/projects must submit applications only in Georgian.

Cofinancing

The Program provides co-financing for various areas of the dairy industry.  

The co-financing of the agency is granted only after the beneficiary confirms the full fulfillment of the objectives provided by the program

 

Direction

Maximum percentage share and amount of co-financing per beneficiary (GEL)

 

 

1. Primary production of milk

 Other beneficiaries

Female 18 - 40 years inclusive

Male 18 - 35 years inclusive

1.1. Milk producer

  65%, (40, 000)

  75% (40,000)

2. Alternative activities for young people

 Female 70% (12,000)

 Male 60% (12,000)

3. Solar power plant installation

Female

Male

3.1 Dairy farmer, grid-connected solar power plant

 75% (8,000)

 65% (8,000)

3.2 Dairy farmer, off-grid solar power plant

75% (14,500)

65% (14,500)








 

 

 

 

 

 





 

 

 

 




Note: Applicants wishing to participate in the program can simultaneously receive co-financing in the directions of primary milk production (farm arrangement) and solar-powered power plant.

In case a potential beneficiary wishes to arrange a solar-powered power plant, they must own no less than 1 and no more than 20 dairy cattle, and in the direction of primary milk production (farm arrangement), the beneficiary must own no less than 1 and no more than 25 dairy cattle.

Restrictions

The Program does not provide funding for the following expenses:

       a) Purchase of real estate, including land;

       b) Design services;

       c) Repayment of loans and other liabilities;

       d) Procurement of shares / equities of the enterprise;

       e) Purchase of animal.

The potential beneficiary and / or its founder / shareholder / stakeholder will not receive the co-financing provided by the Program if he/she owns a share / equity within the Program in the good /service provider/development company registered for him/her in Georgia.

The beneficiary – in order to confirm the fulfillment of the purpose provided for in the contract - has to submit to the expert/audit report of the person enlisted in the registry maintained by the accounting, reporting and audit supervision service – the lower state entity or the report issued by the LEPL Levan Samkharauli National Forensics Bureau regarding purposeful expenditure of investment value and performance; the report should provide with the methodology of preparation and should be accompanied by the copies of the documents certifying the expenditure of funds.

The farm created / modernized / expanded under the program must meet the certain criteria for setting up a farm.

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