On June 14, 2023 and for a period of two months until August 14, applications for the Modernization of the primary sector, the Recovery and Resilience Fund, 35 million. euros.

The terms, conditions and restrictions are described in the 2nd call of the sub-project.

Applications for the Primary Sector Modernisation will start being assessed on 16 August 2023 and will close on 29 September 2023, while the process of submission, assessment and verification of payment claims is expected to start in the fourth quarter of 2023 (October).

Objectives

The objectives of the sub-project are:

• increasing the degree of cooperation in the primary sector
• improving the economic efficiency of all farms
• facilitating the restructuring and modernisation of agricultural holdings
• improving the position of farmers in the value chain
• the vertical integration of the production process
• the implementation of contract farming

The objectives also include enhancing the competitiveness of products on markets through the use of research, modern technology and digital tools, the integration of innovation processes and the use of new technologies and environmentally friendly processes, which limit the effect of climate change, sustainable development and more efficient management of natural resources, as well as the creation of the appropriate background for the production of high value-added products and their standardisation and marketing, ideally in conditions that highlight the comparative advantages of the Greek agri-food sector.

It should be noted that each investment project will demonstrate that it meets at least one of these objectives.

The appropriations for the modernisation of the primary sector

The public aid amounts to EUR 35.000.000, financed by the Recovery and Resilience Fund for the period 2022/25 and is distributed as follows:

α) An amount of EUR 28.000.000 (80%) will be made available for investments to be implemented by Collective Bodies and by similar Collective Bodies under establishment.

b) An amount of EUR 7.000.000 (20%) will be made available for investments to be implemented by legal entities and legal entities under formation.

In the event that the public aid is not committed in either of the two cases above, the above cases (a) and (b) will be consolidated into a single category.

Amplification intensity

The aid intensity rates for regional aid are set in accordance with the new regional aid map and the approval decisions of the EAFRD and are shown in Table 2. The percentages of the aid intensity for the aid under Reg. 2472/2022, Article 14, Section 1, are set out in Table 3.