The Public Expenditure of the Action amounts to €150,000,000 and is co-financed by the European Agricultural Fund for Rural Development (EAFRD). The support is provided in the form of a capital grant and the type of aid concerns expenses paid by the beneficiary and deemed eligible after the administrative control of the payment applications.
The subsidized budget (public expenditure and private participation) of each investment project can range from €30,000 to €1,000,000.
The main expenses covered by the Program relate to:
The subsidy rate, on the basis of which the public financing of the operation is defined, depends on the type of the investment.
- Cutting-edge technology
- Hydroponics / Aeroponics Systems
- Purely electric self-propelled machinery (tractors, pick-up machines, etc.)
For natural persons:
For legal persons:
For collective schemes:
No support shall be provided if:
An application for support submitted by a natural or legal person, which participates in any form and with a percentage of more than 49% in a third legal person, which submits an application for support hereunder, is not eligible.
In the case that an application for support is submitted by a legal person, in which a natural or legal person, that has a holding over 49% in a third legal person that also submits a support application hereunder, participates in any form and with a percentage of more than 49%, the proposal submitted first to the OPSKE is considered eligible, while the proposal or proposals subsequently submitted are rejected, regardless of the outcome of the evaluation of the chronologically first submitted application.
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