Basisbank, in partnership with the Rural Development Agency, presents a new financing opportunity for individuals interested in greenhouse construction and development under the grant program "Georgian Vegetables from Greenhouses."
The goal of this state program is to boost the production of annual agricultural crops nationwide by implementing modern climate-smart technologies. It aims to increase greenhouse production volumes, including during the off-season, by facilitating access to financing for the construction of new greenhouses.
Within the program, loan amounts range from 50,000 GEL to 1,000,000 GEL. The state fully covers the first two years of interest payments and provides a grant covering up to 30% of the loan amount.
See the eligibility criteria and program conditions at the link here.
Source: Commersant