Project Description
Investment in the Bioeconomy to Improve Environmental Performance
PEPAC
The aim of this incentive is to encourage investment that contributes to increasing environmental and/or climate performance in the upstream bioeconomy (suppliers of goods and services to agricultural/forestry activity) and downstream (processing and marketing of agricultural/forestry products.
Support Status
Preliminary Stage
Financing
More than 1.000.000€
Territory
National Territory
Eligible Entities
Natural Persons
Legal Persons
Investment in the Bioeconomy to Improve Environmental Performance
PEPAC
The aim of this incentive is to encourage investment that contributes to increasing environmental and/or climate performance in the upstream bioeconomy (suppliers of goods and services to agricultural/forestry activity) and downstream (processing and marketing of agricultural/forestry products.
Support Status
Preliminary Stage
Financing
More than 1.000.000€
Territory
National Territory
Eligible Entities
Natural Persons
Legal Persons
Incentive Conditions
- This intervention contributes to the following PEPAC targets:
- Renewable energy production, including bioenergy;
- Number of operations contributing to environmental sustainability and to achieving mitigation and adaptation to climate change in rural areas.
- National Territory.
- Natural or legal persons, legally constituted with bioeconomy activity associated with agriculture/forestry.
- The project to be supported must have the following economic background:
- Food, beverage and wood industry, cork (NACE Codes C10, C11, C16);
- Agriculture/forestry support activities (NACE Codes A01.6 and A02.4).
- Present an investment project that is economically and financially viable and in line with PEPAC priorities (project merit).
- More than one investment project may be submitted if the promoter demonstrates that the project is different (in scope, geography or time). For the purposes of calculating support, only that project is taken into account. If an identical project is submitted, the cumulative amount of projects of the same nature will be taken into account when defining the amount of support.
- Submit a project with a positive opinion from the relevant authority, which demonstrates an improvement in environmental/climate performance in the following areas:
- 1. Investment related to climate and energy:
- Increasing renewable energy production, namely investments in renewable energy production for self-consumption;
- Improving energy efficiency, namely through equipment associated with improving energy efficiency.
- 2. Investment in the circular economy:
- Efficiency in the use of water and potential water savings, namely through equipment;
- Boosting the use of natural biomass, sludge, manure and by-products, namely through investments in structures and equipment that boost the recovery of sludge, manure and by-products (with zero impact in terms of pollution and reduction of NH3 emissions).
- Other conditions: Support for the forestry sector, namely for woody material, cork, resin and pine cones, is restricted to first processing processes only, and as such prior to industrial processing.
- 1. Investment related to climate and energy:
- All tangible expenditure deemed necessary for the implementation of the project to improve environmental performance is eligible for funding, namely:
- The construction or improvement of real estate;
- The purchase or leasing of new machinery and equipment;
- Investments in intangible assets, namely (in the field of energy efficiency and renewable energies; application software; industrial property; diagnostics; audits; marketing and branding plans and feasibility studies; architectural and engineering projects associated with the investment).
- Investments in intangible assets can be considered eligible even if they are not associated with tangible investment.
- Other costs related to leasing contracts, such as the lessor’s margin, interest refinancing, insurance premiums and overheads, are not eligible expenses.
- The support rate is maximum for projects with eligible investment values of less than 50,000 euros, reaching 80%, and decreasing proportionally with the value of the investment.
- The rate of support is successively applied to the value of the project’s eligible investment (measured on the date of the decision), with a “fixed non-refundable grant” of 288,000 euros being awarded to projects with an eligible investment of more than 1 million euros:
- Up to 50 thousand euros – 100% of the maximum support rate;
- From 50,000 euros to 150,000 euros – 80% of the maximum support rate;
- From 150,000 euros to 250,000 euros – 60% of the maximum support rate;
- From 250,000 euros to 350,000 euros – 40% of the maximum support rate;
- From 350 thousand euros up to 1 million euros – 20% of the maximum support rate;
- More than 1 million euros – “non-refundable grant” support will be 288 thousand euros.
Incentive Conditions
This intervention contributes to the following PEPAC targets:
Renewable energy production, including bioenergy;
Number of operations contributing to environmental sustainability and to achieving mitigation and adaptation to climate change in rural areas.
National Territory.
Natural or legal persons, legally constituted with bioeconomy activity associated with agriculture/forestry.
The project to be supported must have the following economic background:
Food, beverage and wood industry, cork (NACE Codes C10, C11, C16);
Agriculture/forestry support activities (NACE Codes A01.6 and A02.4).
Present an investment project that is economically and financially viable and in line with PEPAC priorities (project merit).
More than one investment project may be submitted if the promoter demonstrates that the project is different (in scope, geography or time). For the purposes of calculating support, only that project is taken into account. If an identical project is submitted, the cumulative amount of projects of the same nature will be taken into account when defining the amount of support.
Submit a project with a positive opinion from the relevant authority, which demonstrates an improvement in environmental/climate performance in the following areas:
1. Investment related to climate and energy:
Increasing renewable energy production, namely investments in renewable energy production for self-consumption;
Improving energy efficiency, namely through equipment associated with improving energy efficiency.
2. Investment in the circular economy:
Efficiency in the use of water and potential water savings, namely through equipment;
Boosting the use of natural biomass, sludge, manure and by-products, namely through investments in structures and equipment that boost the recovery of sludge, manure and by-products (with zero impact in terms of pollution and reduction of NH3 emissions).
Other conditions: Support for the forestry sector, namely for woody material, cork, resin and pine cones, is restricted to first processing processes only, and as such prior to industrial processing.
All tangible expenditure deemed necessary for the implementation of the project to improve environmental performance is eligible for funding, namely:
The construction or improvement of real estate;
The purchase or leasing of new machinery and equipment;
Investments in intangible assets, namely (in the field of energy efficiency and renewable energies; application software; industrial property; diagnostics; audits; marketing and branding plans and feasibility studies; architectural and engineering projects associated with the investment).
Investments in intangible assets can be considered eligible even if they are not associated with tangible investment.
Other costs related to leasing contracts, such as the lessor’s margin, interest refinancing, insurance premiums and overheads, are not eligible expenses.
The support rate is maximum for projects with eligible investment values of less than 50,000 euros, reaching 80%, and decreasing proportionally with the value of the investment.
The rate of support is successively applied to the value of the project’s eligible investment (measured on the date of the decision), with a “fixed non-refundable grant” of 288,000 euros being awarded to projects with an eligible investment of more than 1 million euros:
Up to 50 thousand euros – 100% of the maximum support rate;
From 50,000 euros to 150,000 euros – 80% of the maximum support rate;
From 150,000 euros to 250,000 euros – 60% of the maximum support rate;
From 250,000 euros to 350,000 euros – 40% of the maximum support rate;
From 350 thousand euros up to 1 million euros – 20% of the maximum support rate;
More than 1 million euros – “non-refundable grant” support will be 288 thousand euros.
