Sustainable development is one of the priorities to the EU4Agri project and will seek for those projects and initiatives which are trying to find a good balance between the need for food production and the preservation of the eco system within the environment.
Growing sustainable agri-food industry reflects widespread recognition of the importance of environmental responsibility, ethical treatment of workers, humane treatment of animals, and responsibility to consumers for the delivery of quality products. In addition, EU4Agri project will seek to ensure viability and financial sustainability of the projects supported under the relevant support measures, based on diligent business planning and return on investment assessments of beneficiaries.
The entire financial support investment package for the sector is expected to strengthen its resilience to economic shocks, as well as increase its competitiveness and productivity. Financial sustainability of the EU4Agri project is also seen from the perspective that the investment does not entail subsidizing support but rather seeks to encourage competitiveness of agri-food operators.
Total of EUR 14.8 million will be allocated for investment support targeting agri-food sector competitiveness in three areas: 1) investment in primary production and processing capacities to strengthen market efficiency; 2) strengthening advisory and extension services to increase knowledge sharing and skills development; and 3) strengthening and diversifying the rural economy.
The investment support will be distributed through public Calls for proposals. Indicative schedule of public Calls for proposals can be downloaded here.
Farm holdings and agri-food processors will be targeted through this project with investments in primary production, agri-tourism and diversification of on-farm production.
As part of investment in primary production, farm holdings (entrepreneurs, companies and cooperatives dealing with primary production) of all sizes, will be invited to apply for financial resources per project ranging from EUR 25,000 to EUR 200,000 and requiring (indicative) co-financing of 40% by recipients. Through adequate criteria, the project will include small-scale producers, as well as those involved via intermediary organizations (e.g. cooperatives, companies).
Through investment in agri-tourism, farm holdings, companies, cooperatives, associations and local governments will be able apply for financial support ranging from EUR 10,000 to EUR 50,000 per project, requiring co-financing at the level of 25%.
Under investment in diversification of on-farm production, farm holdings and cooperatives will be able to apply for financial assistance per project ranging from EUR 20,000 to EUR 100,000, requiring co-financing at the level of 40%.