Ecolex Logo
The gateway to
environmental law
Search results » Legislation

Government Decree No. 507 validating the Regulation on the conditions and procedure for allocation of advance grants for startup projects from the National Fund for Agricultural and Rural Development.

Country/Territory
Moldova, Republic of
Document type
Regulation
Date
2018
Source
FAO, FAOLEX
Subject
Agricultural & rural development
Keyword
Financial agricultural measures Special fund Subsidy/incentive Rural employment Youth
Geographical area
CIS (Commonwealth of Independent States), Eastern Europe, Europe, Europe and Central Asia, Landlocked Developing Nations
Abstract

This Government Decree establishes the terms and conditions for allocation of advance grants for startup projects from the National Fund for Agricultural and Rural Development with a view of stimulating the creation of small enterprises by young farmers, women farmers, improving their economic performance, creating new jobs, increased investment in innovative technology. The allocation of advance subsidies is determined by: (a) limited access of small businesses to credit sources, to information resources on business development opportunities in the Republic of Moldova; (b) lack of leverage to support the initiation of business; (c) low level of attractiveness of economic activities, including the low level of development of small enterprises in rural areas; (d) lack of entrepreneurial skills of potential young farmers and women farmers; (e) lack of sufficient financial resources to initiate a business; and (f) the need to increase the competitiveness of local agro-food products in the sales markets. Advance subsidies shall be granted on the following terms: (a) the minimum available land area is not less than 0.1 hectares per applicant; (b) the coating material for the construction of greenhouses, hothouses and tunnels has thickness not less than 150 microns; (c) the project or project design (plan) for the planned investment is developed by an authorized designer or supplier; and (d) acquisition of acceptable property (assets), confirmed by quality certificates.

Full text
Russian
Website
lex.justice.md