Grant scheme for agriculture development

The project aim is to support new or existing enterprises in Cyprus for the creation and/or improvement/expansion of manufacturing/ trading units of agriculture products.

Particularly the scope is analyzed below

1) The development of new products with high added value

2) The development of new processes and technologies linked with products and the promotion of innovative investments

3) The improvement of production and manufacturing processes or the methods for the trading of agriculture products

4) The orientation of production towards new market trends and the promotion of alternative use of agriculture products

Total budget is €7.000.000

Budget per project is €400.000

Funding provided is 40% of eligible investment

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