How to have 70% of your interest payments reimbursed
Eligibility criteria
ˇ Entity activity – 10 points
ˇ Detailed business plan on financial performance of the person/entity for five years after receiving financing – 45 points
ˇ Using own capital in the investment – 25 points
ˇ Entities investing to streamline a production cycle (production chain) – 10 points
ˇ Applicant status (returning emigrant, group of farmers or manufacturing/processing organisations) - 10 points
ˇ Any project which gains at least 70 points can win. Winners receive the subsidy based on the order of listed priorities, based on points gained, and on available funds.
ˇ Entities that have been operating for two years or longer receive maximum points in the evaluation of the length of time in operation.
ˇ Businesses which submit a structured plan presenting accurate current financial data, an investment plan as well as market and sector forecasts shall receive maximum points in the evaluation
ˇ The higher the percentage funded through own resources, the more points gained, up to the maximum
ˇ Applicants gaining equal points will be evaluated on a “first come, first served” basis
