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Lithuanian agricultural financial support measures
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2026-10-29 08:37 UTC → 2026-10-30 05:47 UTC ·
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The Lithuanian government has implemented various financial support mechanisms for the agricultural and aquaculture sectors. Initially, the Ministry of Agriculture allocated an additional 15 million euros in subsidized loans to assist entities facing financial difficulties and a lack of working capital, difficulties, bringing the total available funds for this measure to 65 million euros. Following these loan provisions, the state opened applications for the ‘Investments in Agricultural Holdings’ program under the Agriculture and Rural Development Strategic Plan 2023–2027. This initiative provides non-repayable grants from the European Union and the Lithuanian state to fund large-scale modernization projects, such as the acquisition of new machinery, production buildings, and technologies. Applications for these grants are currently being accepted until November 30. Eligible applicants include individual farmers and legal entities, such as companies and cooperatives, provided the holding meets a minimum economic size criterion with a production standard value (PSV) of at least 30,001 EUR. Supported sectors include dairy and beef cattle, other livestock, pig and poultry farming, as well as fruit, berry, vegetable, flower, and herbal cultivation; however, grain growers are excluded from this simplified procedure. Grants cultivation. In addition to the large-scale projects, which can cover receive up to 50 percent of eligible project costs. Funding is capped at 1,000,000 EUR per project, or up to project (or 2,000,000 EUR for recognized agricultural cooperatives. Recipients are required cooperatives), a simplified procedure has been introduced for specific crop growers. This includes producers of cereals, oilseeds, and legumes, who can access grants of up to adhere 80,000 EUR per project. This specific fund allocates 3.6 million EUR to their business plans and maintain acquired assets assist with equipment modernization and operational indicators for five years following to support both the final disbursement. production and primary processing of agricultural products.
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- 2026-10-30 05:47 UTC Lithuanian agricultural financial support measures
- 2026-10-29 08:37 UTC Lithuanian agricultural financial support measures
- 2026-10-27 06:23 UTC Lithuanian agricultural financial support measures
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