Investment Promotion for the Processing and Marketing of Agricultural Products (IVV)
Grant program in Thuringia to support investments aimed at improving competitiveness and marketing opportunities in the processing and marketing of agricultural (including organic) products. Applications can be submitted at any time.
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Grant criteria
Funding objective
The program supports companies and producer groups in Thuringia with funds from the European Agricultural Fund for Rural Development (EAFRD) for investments in the collection, storage, cooling, sorting, market-oriented preparation, packaging, labeling, processing, and marketing of agricultural and organic products.
Eligible expenses
- Collection
- Storage
- Cooling
- Sorting
- Market-oriented preparation
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Eligible to apply
- Companies
Funding requirements
- Producer associations and companies involved in the processing and marketing of agricultural products
- SMEs or medium-sized enterprises (<750 employees or annual turnover ≤ €200 million)
- Investment concept and investment location in Thuringia
- Recognition of the producer association for at least 5 years
- Supply contracts with producers covering ≥ 40% of capacity (Part A)
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Documents required for application
- Information meeting at the TAB
- Investment concept
Description
The grant program “Investment Promotion for the Processing and Marketing of Agricultural Products (IVV)” strengthens the competitiveness and sales opportunities of agricultural and organic products in Thuringia. Funding is provided to companies as well as recognized producer organizations and producer groups that are active in cooperations or operational groups of the European Innovation Partnership (EIP). With funds from the European Agricultural Fund for Rural Development (EAFRD), investments in collection, storage, cooling, sorting, market-oriented preparation, packaging, labeling, processing, and marketing are supported. The goal is to establish modern structures, optimize processing procedures, and sustainably develop regional value chains.
Small and medium-sized enterprises (SMEs) as well as medium-sized companies with up to 750 employees or an annual turnover of up to EUR 200 million are eligible for funding. The funding rate ranges from 20% to 40% of eligible expenses, depending on the project, with a maximum of up to EUR 3 million per project. Requirements include the submission of an investment concept, a feasible implementation period of up to 36 months, and proof of at least five years of recognition as a producer group or contractual securing of at least 40% of processing capacities through supply contracts. Participating enterprises are encouraged to implement or continue ecological processing standards. Applications can be submitted continuously after an informational meeting with the responsible funding authority has taken place. The program thus makes an important contribution to strengthening rural development and promoting innovation in Thuringia.
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