News9 August 2017BrusselsAgriculture and Rural Development
More investment opportunities for small agriculture and rural development projects
Since June 2017, promoters of agriculture and rural development projects have the opportunity to find investors worldwide on the European Investment Project Portal. With the aim of making it more dynamic and to increase investment opportunities, projects with a total cost of at least €1 million are now accepted on the portal.
Already 11 projects in agriculture and rural development are looking for investment on the platform. Examples of projects go from the production of an innovative fertiliser in Hungary, to increasing production of organic cereals on a Romanian farm, as well as an app to ease business in the fruit and vegetables sector. Advertised projects come from all over the European Union (EU), with a diversity of sizes, types of investments, and statuses.
Projects that want to advertise on the portal have to fulfil the following eligibility criteria:
have a total cost of at least € 1 million
fall under one of the 25 pre-determined high-economic-value-added sectors
be expected to start within three years of submission
be promoted by a public or private legal entity established in an EU country
be compatible with all applicable EU and national laws
Launched in June 2016, the portal aims to connect international investors and EU project promoters to boost the visibility of existing EU investment opportunities. Encouraging investment in the EU is part of the 10 priorities established by the European Commission in 2015, with the 'Jobs, growth and investment' priority. This portal contributes to the area of creating an investment friendly environment.