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2 clusters · 7 sources · 9 days · First seen 20 days ago · Last updated 12 days ago

Lithuanian agricultural development funding

Overview

Lithuania has allocated 10 million euros, funded by the European Union and the national budget, to support short food supply chains (SFSC) as part of its 2023–2027 strategic plan for agricultural and rural development.

The Ministry of Agriculture is updating support rules to encourage farmer cooperation. Support intensity for business plan expenses will increase from 40 percent to 60 percent. Higher rates are available for specific groups, including up to 80 percent for projects involving only young farmers and up to 85 percent for projects consisting entirely of very small farms.

Applications for these funds, which can be used for specialized equipment like mobile slaughterhouses or harvesting machinery, are scheduled to open in November.

Entities

Lithuania · Saulėtekis Valley Science and Technology Park · European Union · Ministry of Agriculture of Lithuania · Edvinas Grikšas

Claims

What the coverage asserts, and how many sources carry each claim.

[● 3 SOURCES] The Lithuanian Ministry of Agriculture is improving support rules annually. www.alioraseiniai.lt · grokiskis.lt · www.santarve.lt
[● 3 SOURCES] A total of 10 million euros has been allocated from the European Union and the national budget for short food supply chains. www.alioraseiniai.lt · grokiskis.lt · www.santarve.lt
[● 3 SOURCES] Farmers can submit applications for support in November. www.alioraseiniai.lt · grokiskis.lt · www.santarve.lt
[● 3 SOURCES] Support intensity for business plan expenses has increased from 40 percent to 60 percent. www.alioraseiniai.lt · grokiskis.lt · www.santarve.lt
[● 3 SOURCES] Projects involving only young farmers can receive up to 80 percent support intensity. www.alioraseiniai.lt · grokiskis.lt · www.santarve.lt
[● 3 SOURCES] Support intensity can reach 85 percent when all project participants are very small farms with an economic size under 16,000 euros. www.alioraseiniai.lt · grokiskis.lt · www.santarve.lt

Timeline

12 days ago

[BUSINESS] 5 sources
Lithuania allocates €10 million to support short food supply chains
Lithuania has allocated 10 million euros from EU and national funds to support short food supply chains, offering increased subsidies for young and small-scale farmers to enhance food security.
20 days ago

[BUSINESS] 2 sources
Lithuania allocates 7.27 million euros to regional startup development
Lithuania has allocated 7.27 million euros to support startups in Central and Western regions, aiming to pre-accelerate 706 companies and establish 211 new ones through various incubation programs.

Sources

alioraseiniai.lt · elektronika.lt · grokiskis.lt · nyksciai.lt · santarve.lt · siaure.lt · sirvinta.net