Investments in Agricultural Holdings come under point 3.2.1 of the PDR2020, with the aim of supporting investments that strengthen the viability and competitiveness of agricultural holdings, as well as the preservation of the environment, through the promotion of innovation, training, organizational capacity building and the resizing of companies.
Incentive and Financing Rate
Non-repayable subsidy (aka lost fund) up to a limit of 500,000 euros of support per application. For the part that exceeds the above amount, the subsidy is refundable.
The following Grant Rates are applied to the eligible investment:
- Base rate of 30%.
- Increases:
- +10% for disadvantaged mountain areas;
- +10% for vulnerable territories (fire risk);
- +5% for less developed regions other than mountain areas;
- +5% if associated with crop insurance.
- In addition to these percentages:
- +10% – for Young Farmers setting up for the first time*;
- +20% – for producer organizations or groups in the process of merging.
- Maximum rate:
- 50% if disadvantaged areas;
- 40% for other regions.
Eligible Expenditure
- Construction and improvement of real estate:
- Land preparation;
- Buildings and other constructions directly linked to the activity;
- Adaptation of existing facilities related to the implementation of the investment;
- Multi-annual planting;
- Installation of permanent pastures;
- Installation or modernization of irrigation systems;
- Consolidation costs.
- Purchase or lease of new machinery and equipment:
- New machinery and equipment, including computer equipment;
- Internal transportation equipment, cargo handling equipment, boxes, pallets (lifespan of more than 1 year);
- Equipment.
- Relocation expenses, when changing the location of an existing unit.
- General expenses:
- In the field of energy efficiency and renewable energies;
- Marketing and branding plans;
- Industrial property;
- Diagnostics and audits;
- Feasibility and monitoring studies;
- Architectural and engineering projects associated with investments.
Implementation of Operations
- 6 to 24 months from the date of issue of the term of acceptance.
Submission of Applications
- Starting in December! Prepare your application now.
*If you are a young farmer setting up for the first time, a premium of €20,000 is added.