Tue, 20 Jun 2023

Receiving applications for the promotion of entrepreneurial activity in mountainous rural regions is starting

Applications for the programme for “Promotion of entrepreneurial activities in mountainous rural settlements” will be accepted by the Rural Development Agency strarting from June 27.

Co-financing per potential beneficiary should amount no less than 30,000 GEL and not exceeding 100,000 GEL, but no more than 50% of total cost of the project submitted. Additional 10% benefit is provided for young entrepreneurs and agricultural cooperatives. It should be noted that total cost of the project submitted through the application should not exceed 500 000 GEL for the time of application submission. 

It is worth mentioning that the programme will finance both agricultural (except for primary production) and non-agricultural activities, warehousing, processing enterprises, wineries, small family hotels, catering facilities as well as any business idea, except the exceptions provided by the programme.