Applications open for Plant the Future project

Budding farmers and agricultural entrepreneurs wishing to get a share of the 15 million GEL Plant the Future project are being urged to apply for financial assistance.

The application process opened today for the state-run project, which aimed to co-finance the creation of nurseries and gardens across the country, and in turn, stimulate the country’s agricultural industry.

The Agricultural Projects Management Agency noted it had already received a number of applications from farmers who were interested in participating in the project.

The Agency noted 15 million GEL had been allocated to implement the project. The funds would be offered to entrepreneurs over the next two years to co-finance the creation of nurseries and gardens across the country.

The Government said the Plant the Future campaign would help farmers produce high quality products that would compete with imported products in the local market. At the same time, this should increase the export potential of Georgia’s agricultural products.

Georgia's  Agriculture Minister Otar Danelia announced the launch of the "Plant the Future" project.

In order to be gain financial assistance, candidates should present a detailed concept plan regarding their idea to create a nursery or garden. This should be designed in accordance with the Agricultural Projects Management Agency’s standards.

If applications meet the criteria, the Agency will discuss the projects and select the best ones. The chosen projects will be introduced to the Co-Financing Committee, who will then choose which project ideas will be offered financial assistance.

Entrepreneurs who wish to create a garden will be offered enough funds to cover 70 percent of plant costs and 50 percent of the cost of an irrigation system. For people wishing to establish a nursery, successful candidates will be offered 50 percent of their total costs.

At the same time, project beneficiaries will benefit from the agricultural credit program; where farming cooperatives will receive pesticide sprayers as a gift, the soil testing laboratory costs will be reimbursed for all beneficiaries, and they will be offered practical trainings and theory courses to improve their farming skills.

The project envisages the creation of 1,000-1,200 hectares of modern-type gardens and 30-40 new nurseries.