Catalonia gives aid to the purchase of agricultural machinery of new technology

Since the Departament d'Acció Rural (DAR), dependent of the Generalitat de Catalunya, is has convened a line of loans for the purchase of agricultural machinery that includes new technologies. This concession can reach up to 100% of the eligible investment, with a maximum value of 240,000 euros per beneficiary per year. Interests bonificarán 100%. In this way, the only borrower will have to repay the full amount paid in monthly installments over a period of seven years with one of lack.

The deadline for submission of applications, to which eligible individuals and legal owners of farms located in Catalonia, It ends on April 1. The acquisition of machinery and equipment must perform and demonstrate in a maximum of eight months from the day following the date of notification of the decision of granting of the subsidy. The intended budget is EUR 5 million.