BAKU, Azerbaijan, March 6
By Tamilla Mammadova – Trend:
USAID Agricultural Program (Georgia) announced the launch of a new grant program, Trend reports citing EastFruit analytical portal.
This program is aimed at encouraging innovative ideas that can significantly affect the value chain of the production of one or more types of agricultural products.
The list of agricultural products covered by the program includes berries, greens, stone fruits, pome fruits (apple), perishable vegetables, tangerine, grapes and nut crops (excluding hazelnuts).
According to the terms of the program, only private, profit-oriented micro, small and medium production entities operating in Georgia can receive grants.
Each of the applicants selected on the basis of the concepts presented by them will be given the opportunity, in cooperation with the USAID Agricultural Program, to develop a complete investment proposal, on the basis of which they will then be provided with grant financing.
The maximum size of one grant issued to create a new business or expand an existing one is set at $75,000.
Grant recipients will also be provided with targeted technical assistance.
The applications can be submitted by December 31, 2020.
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