News in English     | 30.07.2020. 14:35 |

EU continues to support agri-food sector in BiH under EU4AGRI project

FENA Press release

SARAJEVO, July 30 (FENA) - The European Union project EU4Agri announced today public call worth 3 million KM for support to investments in processing capacities and marketing of agri-food products, thereby also responding to the needs for recovery from the crisis caused by COVID19 pandemic.

Public call is open to companies, entrepreneurs and cooperatives engaged in processing and/or production of agricultural and food products, registered in relevant ministry/institution's Client registry that have less than 25% of public capital in its ownership structure and are not part of the holding.

Each applicant can apply for funds in the amount of 60.000 KM to 300.000 KM (VAT not included) and must secure co-financing in the amount of minimum 35% of the total value of the proposed investment.

EU4AGRI is a European Union 4-year project (2020-2024) valued at 20.25 million KM that aims to modernize the agriculture-food sector in Bosnia and Herzegovina.

The project is jointly implemented and co-financed by the United Nations Development Program (UNDP) in BiH and Czech Development Agency (CzDA).

The deadline for submission of applications is 30 September 2020. This is the first of series of public calls for support within the EU4Agri project, stated the UNDP in BiH.

(FENA) S. R.

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