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New aid for micro-businesses with regard to the production of agricultural products
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The Ministry of Agriculture, Food and Viticulture has set up a new aid for micro-businesses in order to support them in the production of agricultural products.
This aid covers 2 components:
- aid for consultancy costs for the development of a business plan; and
- investment aid (capital aid) for the implementation of the business plan.
The capital aid in the amount of EUR 12,000 is paid out in 2 instalments:
- the first instalment of EUR 8,000 after approval of the business plan;
- the second instalment of EUR 4,000 after implementation of the business plan.
Only costs incurred from 1 January 2021 onwards will be taken into account.
This aid can be applied for by micro-businesses:
- that produce agricultural products that are marketed:
- either through direct sales;
- or indirectly, provided there is only one intermediary; and
- employ fewer than 10 people; and
- whose annual turnover or annual balance sheet total does not exceed EUR 2 million.
For more information on the practical aspects of the application, please see our explanatory information page.