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.
News
Receiving applications for the Modernization and Market Access Program of Dairy Industry will start on February 5, 2024 at 12:00 noon
Co-financing program for the promotion of entrepreneurship - TV program "Business Rustavi 2"

Modernization of dairy industry and support of farmers - TV program "Business Post"
