Thursday, 14 December 2017 | News today: 13

Deadline for submission of applications of agricultural cooperative subsidies expires on Saturday

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Deadline for submission of applications for establishment of agricultural cooperatives to the Ministry of Agriculture, Forestry and Water Management expires on Saturday.

In the first year of establishment, the agricultural cooperatives can apply for subsidies amounting to an average monthly salary for manager and agronomist or veterinary.

Financial support is irreversible, and the funds are intended for the establishment and operation of registered agricultural cooperatives.

Subsidies for insurance policies for members of cooperatives are higher, ranging between 70 to 80 percent depending on the size of the cooperative, but not more than MKD 3 million annually.

The applications are submitted every three months, and first deadline expires on April 15, 2017.

Twenty-nine agricultural cooperatives are registered in Macedonia of which 24 small and 5 large with total capacity of 870 hectares of arable land.