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Over 40 beginning agricultural entrepreneurs to benefit from subsidies from state

09:49 | 12.08.2022 Category: Economic

Chisinau, August 12 /MOLDPRES/- The state will support 42 entrepreneurs in launching start-up projects with investment planning in the agricultural sector. The decision was taken after evaluating the requests for advance subsidies for this year on 1 June - 2 August.

According to the Ministry of Agriculture and Food Industry (MAIA), in order to develop businesses and create more than a hundred new jobs, from the resources of the National Fund for the Development of Agriculture and the Rural Environment (FNDAMR), the amount of 25.2 million will be allocated of lei (over 1.25 million euros). Thus, 19 projects will be launched and managed by women farmers and 23 businesses by young farmers, demonstrating in this sense an increased interest in managing agricultural businesses, being a strategic sector of the country's economy.

"Thanks to the payment mechanism "advance subsidies for start-ups", 25 investment projects are to be carried out in the field of beekeeping through the purchase of bee families, as well as the equipment necessary for the extraction and processing of bee honey, of which 14 projects will target the establishment of bee farms. At the same time, 12 other projects aim to establish multi-year plantations and only one start-up project aims to build greenhouses on an area of ​​2.29 ha", MAIA said.

The Agency for Intervention and Payments in Agriculture received requests for subsidies in advance for this year on 1 June -2 August. The annual allocation of financial means from FNDAMR for the financing of start-up projects is at least 5% of its total value.

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