Share
Start ups, boosting domestic production and traditional products

Start ups, boosting domestic production and traditional products

Supporting innovative ideas (Start-ups), as alternatives that promote domestic production and traditional products, is the innovation of government-backed initiatives through national schemes for agriculture.

The Agency for Agricultural and Rural Development announced that for the promotion of Start-ups by young people aged 22 to 35, the national scheme addressed a grant of up to 500,000 ALL per subject.

ADS  

Over the past year, the national scheme addressed support for the modernization of the premises, financing up to 80% of the investment value, no more than 200,000 leks per subject.

While for the establishment of traditional products incubators, grants with grants of up to 70% of the value of the investment, not more than 15,000,000 lek per subject, and for the establishment of the network of shops with Albanian products, the scheme funded up to 50% of the value of the investment, not more than 2,000,000 lek per entity.

AZHBR notes that these are the schemes that serve the development of traditional Albanian agriculture and open new perspectives in this sector. 

News Source: ATA

Leave a Comment