News

CBS supports 26 Agribusinesses with Access to Capital through IPARD-like grants

16 of grant requests were for agro machineries such as tractors

May 8, 2014 - CBS completed an intensive phase of support with IPARD-like grant application for farmers and agribusinesses.

A total of 26 farmers and agribusinesses completed the applications on time as per IPARD-like application criteria. 16 of grant requests were for agro machineries such as tractors, four applications were made for collection houses and cold stores, three were greenhouses and the rest equipment and agro-processing technology. The total amount of grant financing requested was $2.7Million.

The area with the highest number of applications was Zarre, Sarande with the rest in Tirana, Shkoder, Fier, Lushnje and Korce areas. CBS assisted agribusinesses with full application processing including business plan, financial statements, technology advisory etc. IPARD implementation agencies, GIZ and AZHBR are expect to review the application and announce winners within July 2014.