EULLE – Promotion of Investments for Income Diversification (FID)
Grant funding in Rhineland-Palatinate for agricultural enterprises to diversify their income sources with up to 25% subsidy (max. €200,000) per project.
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Grant criteria
Funding objective
Promotion of investments in non-agricultural income sources through self-employed activities of agricultural enterprises to diversify income within the framework of the EPLR EULLE.
Eligible expenses
- Investments in energy generation plants from renewable raw materials
- Expansion of farm and vintner holidays
- farm-based gastronomy
- retail on the farm
- farm crafts
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Eligible to apply
- Companies
Funding requirements
- SMEs according to the EU definition
- at least 25% turnover from agricultural products
- meeting or exceeding the minimum size according to the Farmers' Old Age Security Act
- average positive income of the last 3 years ≤ €200,000 per year
- proof of professional skills and economic viability of the investment concept
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Documents required for application
- EULLE-FID application form
- Investment concept
- Proof of professional qualification
- Proof of financing
- Payment application form
- Proof of turnover and earnings limits
Description
The state of Rhineland-Palatinate supports small and medium-sized agricultural enterprises with a non-repayable grant of up to 25% of eligible expenses (max. €200,000) for investments aimed at income diversification. Funding is provided for independent projects outside primary production within the framework of the EPLR EULLE. Eligible applicants are SMEs that generate at least 25% of their revenue from agricultural products, meet the statutory minimum farm size according to the agricultural pension scheme, and have reported average positive earnings of up to €200,000 over the past three years. A convincing investment concept, proof of professional qualification, and financial viability are prerequisites for support. Selection takes place through regular selection procedures; applications must be submitted on time to the Rural Service Center Mosel.
Eligible investments include energy generation systems from renewable raw materials, provided no EEG remuneration applies, as well as measures in tourism and direct sales – such as farm and winery holidays (max. 25 guest beds), farm gastronomy, farm shops, artisanal production, or family and elderly care services. Funded tangible assets must serve the funding purpose for five to twelve years, depending on the type. Public equity participations exceeding 25% and companies in difficulty are excluded. This program aims to enhance economic stability, open up new revenue sources, and promote sustainable development of rural areas.
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