Improving the competitiveness of Plamen Ivanov Penev's farm with the financial assistance of sub-measure 6.3

Plamen Ivanov Penev's Farm was established in 2018. Initially, the applicant started with the cultivation of field crops - potatoes. After the production was sold, Plamen Penev decided to continue his agricultural activity by growing plum orchards. With the financial support of sub-measure 6.3 "Start-up aid for the development of small farms" from measure 6 "Development of farms and enterprises" The Rural Development Program for the period 2014 - 2020., the farmer hopes to grow his farm, improve its economic performance and therefore make it more competitive, In his business plan, Plamen Penev has envisaged an increase in arable land, the creation of an additional three decares of orchards and the continued development of the farm. It is also planned to purchase inventory for the cultivation of the managed agricultural land.

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Overview

Status Contracted
Start date 16 Apr, 2021
End date 16 Oct, 2025
Contract date 16 Apr, 2021
View in UMIS

Financial information

Total cost 29,337.00
Grant 29,337.00
Self finance 0.00
Total paid 0.00
EU participation percent 85.0%

Location