The government will subsidize the loan to the manufacturers of ready-made food for pets, - a relevant component was added to the program "Enterprise Georgia".
The full budget of the program is GEL 30 million, and those who wish to receive funding can apply from January 3.
Funds will be available under the following conditions:
- Within the scope of the loan, the agency subsidizes the interest of the loan according to the duration of the loan, minus 5% to the NBG refinancing rate, and in the case of leasing, for the leasing period, the NBG refinancing rate minus 3%;
- Within the scope of the loan, the agency guarantees no more than 80% of the loan principal, for a maximum period of 10 years;
- The minimum volume of the subject of loan/leasing is GEL 50,000, and the maximum is GEL 10,000,000;
- At least 50% of the loan should be used for capital expenditures, and not more than 50% for the purchase of working capital.
- Full utilization of the subject of loan/leasing should be done no later than 2 years after confirmation of the subject of loan/leasing
- Repair and purchase of vehicles is not allowed within the program.
