EU allocates two million KM to support investments in primary agricultural production

Within the framework of the EU4AGRI project, financed by the European Union, a new public call worth two million KM was published on December 15 for a measure of support for investments in primary agricultural production.

Through this public call, the European Union will support agricultural holdings that contribute to the stabilization/strengthening of production competitiveness and the increase in the level of productivity of primary agricultural production.

Support will be provided through modernization and introduction of new technologies and innovations, improvement of product quality, hygiene, and food safety, promotion of good business practices and sustainable development through the improvement of natural resource management, environmental protection, worker protection, and food safety, and contributions to mitigating the consequences of the COVID-19 pandemic.

Support funds per application can amount from 40,000 KM to 150,000 KM (without VAT). Eligible investments include the purchase of tractors, machines, and other agricultural machinery for farmers in Bosnia and Herzegovina. For each project, the applicant must ensure their own co-financing in the amount of a minimum of 35 percent of the total amount of eligible costs of the proposed investment. The maximum amount of grants through the support measure is 65 percent of the total amount of eligible costs of the proposed investment for all sectors.

Eligible applicants for grants under the support measure can be trades/independent entrepreneurs, cooperatives, and companies.

To support investments in primary agricultural production, all projects related exclusively to agricultural sectors are acceptable, such as the production of milk, and meat, cultivation of cereals and oilseeds, cultivation of fruit – including viticulture and olives, cultivation of vegetables, production of planting material (fruit seedlings, seed potatoes), egg production, growing herbs and medicinal plants.

Applications are submitted exclusively through the electronic application delivery system https://javnipoziv.undp.ba/ provided by the EU4AGRI project.

EU4AGRI is a four-year (2020-2024) European Union project worth 20.25 million euros whose goal is to modernize the agricultural and food sector in Bosnia and Herzegovina. The project is implemented and co-funded by the United Nations Development Program (UNDP) in BiH and the Czech Development Agency (CzDA).