EU Grants and subsidies
The layout of a new project is influenced by rules under which grants and subsidies are obtained and these rules vary per country and region.
In the horticultural sector, there is an enormous amount of regulations for obtaining grants and subsidies that are set by both the Governments of specific countries and the European Union.
- EU funding for EU members for (Rural Development)
Under the Rural Development policy 2007-2013, the EU has been contributing over €96 billion to Member States investments to improve competitiveness for farming to improve the quality of life and diversification of the rural economy. The agricultural expenditure is financed by two funds, which form part of the EU’s general budget: the European Agricultural Guarantee Fund (EAGF) finances direct payments to farmers and measures to regulate agricultural markets such as intervention and export refunds, while the European Agricultural Fund for Rural Development (EAFRD) finances the rural development programs of the Member States. According to the principle of shared management, this task is delegated to the Member States.
- Funding for EU non members – Pre-Accession Assistance programs (IPA)
The Instrument for Pre-Accession Assistance (IPA) offers assistance to countries engaged in the accession process to the European Union (EU) for the period 2007-2013.
Currently, the EU is dealing with 5 candidate countries (Croatia, the former Yugoslav Republic of Macedonia, Iceland, Montenegro and Turkey) and 4 potential candidates (Albania, Bosnia and Herzegovina, Serbia, Kosovo).
Governmental Program for Exports Support
This program is designed to grant to foreign importers (directly or through the importers banks) credits for financing purchases of goods and services of Polish origin. Polish supplier delivers goods or provides services to the Importer and the Importer pays for delivery after deferment period. Financing is available in EUR and USD. Repayment period is up to 10 years.
There are a few types of the product:
- documentary L/C post financing,
- discounting receivables from L/C,
- buyers credit granted through the Buyer’s bank,
- buyer’s credit (direct)
The program is available for importers from the following countries: Argentina, Azerbaijan, Belarus, Bosnia and Herzegovina, Croatia, Czech Republic, Georgia, India, Indonesia, Iraq, Ireland, Morocco, Mexico, Moldova, Nigeria, Russia, Serbia, Turkey, Ukraine, Uzbekistan, Kazakhstan, Vietnam.
We advise our clients and mediate in granting banking loans:
- working capital loans
- investment loans
- overdraft line of credit
- preferential loans
We look for capital also on capital markets. There is a wide range of possibilities beginning with the different types of funds, including private equity and mutual funds, through public offers of shares or bonds. Venture capital funds invest early at a company’s startup stage or in special situations in which there is opportunity for fast growth.
We also cooperate with private investors and the “Business Angels” who may wish to invest in specific business and offer the financial support. They do not have the know-how but looking for partners with specific experience in the desired field