Understand announced the start of the competition for financial support of farmers

the Ministry of agricultural policy announced a competition for financial support of farms in the framework of the budget program "Providing loans to farmers" with a budget of 65 million.

The winners of the competition receive financial support in the amount which does not exceed 500 thousand UAH with the growth of obligations on return of budget funds for up to five years.
To participate in the competition is open to all farmers, except those that:
1. have a debt to the Ukrainian state Fund of support of farms and its regional offices;
2. declared bankrupt;
3. concerning which criminal case about bankruptcy, under liquidation;
4. and who revealed the facts of illegal receipt or misuse of budget funds.

The competition is held in two stages. Regional Commission "Understand" accept applications and documents from farmers for participation in the tender and form the corresponding registers.
The competition Commission "Understand" the selection of farms that received the right to receive financial support in accordance with defined criteria and forms.
Submission of applications and documents for participation in the tender till 16 Aug 2017.

The details of the contest can be found on the website “Ukrainian state Fund for farm support".