Agricultural Productive Investment: Modernization

PEPAC

This support aims to strengthen competitiveness, improve performance and ensure the viability and sustainability of agricultural holdings by increasing production, creating value, improving product quality, introducing innovative methods and products, namely to improve the environmental performance of agricultural holdings.

Download the Infosheet

Support Status

Open

Financing

Up to 75% Lost Fund

Territory

National Territory

Eligible Entities

Farmers

Agricultural Productive Investment: Modernization

PEPAC

Download the Infosheet

Support Status

Open

Financing

Up to 75% Lost Fund

Territory

National Territory

Eligible Entities

Farmers

Incentive Conditions

Areas of Intervention

Support under this measure makes a cross-cutting contribution to the vast majority of the priorities and cross-cutting objectives of rural development, since its implementation will be decisive in boosting agricultural investment, promoting market integration, overcoming the limitations arising from Portugal’s soil and climate conditions, promoting the efficient and sustainable use of resources, innovating and improving the organization of production.
This intervention contributes to the following PEPAC goals:
- Production renewable energies, including bioenergy
- Support benefit for digital agricultural technologies
- Creation of new jobs
- Restructuring and modernizing the agricultural sector.

Location

National Territory.

Eligible Entities

Natural or legal persons, public or private, who respect the status of farmer

Access Conditions

The investment project must demonstrate economic and financial viability and be aligned with the specific objectives of the PEPAC Regulation (project merit);
More than one investment project can be submitted if the promoter demonstrates that the project is different in terms of scope, geography or time;
For holdings with an area under pasture (temporary or permanent), fallow land, leguminous crops or rice of less than 25% of the total area of the , if they present an investment project for planting permanent crops with an area of more than 10 hectares, it is necessary to ensure an adjacent non productive area for improving or increasing biodiversity (fallow land, landscape features, hedges, buffer strips along watercourses and others that may be classified as such), with a minimum size of 3% of the plantation area covered by the project.

Financing Rate

For investments up to 500,000C – 75% non-repayable fund
For investments between 500,000C and 1,000, repayable fund (max. financing 450,000C)
For investments in existing irrigation systems – 60% non repayable fund
For investments in irrigation systems in new areas – 50% non repayable fun

Eligible Expenses

Eligible expenses include:
- Expenses relating to the construction, acquisition, including financial leasing, or improvement of real estate;
- Purchase or lease – purchase of new machinery and equipment, including computer programs, up to the market value of the asset;
- General costs related to these expenses and intangible investments.
- Studies and specialized technical services in precision agriculture are only eligible when associated with material investments.
- Where Community regulations impose new requirements on farmers, support may be granted for investments to comply with those requirements for a maximum period of 24 months from the date on which they become compulsory for agricultural holdings.

Incentive Conditions

Areas of Intervention

Support under this measure makes a cross-cutting contribution to the vast majority of the priorities and cross-cutting objectives of rural development, since its implementation will be decisive in boosting agricultural investment, promoting market integration, overcoming the limitations arising from Portugal’s soil and climate conditions, promoting the efficient and sustainable use of resources, innovating and improving the organization of production.
This intervention contributes to the following PEPAC goals:
Production renewable energies, including bioenergy
Support benefit for digital agricultural technologies
Creation of new jobs
Restructuring and modernizing the agricultural sector.

Location

National Territory.

Eligible Entities

Natural or legal persons, public or private, who respect the status of farmer

Access Conditions

The investment project must demonstrate economic and financial viability and be aligned with the specific objectives of the PEPAC Regulation (project merit);
More than one investment project can be submitted if the promoter demonstrates that the project is different in terms of scope, geography or time;
For holdings with an area under pasture (temporary or permanent), fallow land, leguminous crops or rice of less than 25% of the total area of the , if they present an investment project for planting permanent crops with an area of more than 10 hectares, it is necessary to ensure an adjacent non productive area for improving or increasing biodiversity (fallow land, landscape features, hedges, buffer strips along watercourses and others that may be classified as such), with a minimum size of 3% of the plantation area covered by the project.

Financing Rate

For investments up to 500,000C – 75% non-repayable fund
For investments between 500,000C and 1,000, repayable fund (max. financing 450,000C)
For investments in existing irrigation systems – 60% non repayable fund
For investments in irrigation systems in new areas – 50% non repayable fun

Eligible Expenses

Eligible expenses include:
Expenses relating to the construction, acquisition, including financial leasing, or improvement of real estate;
Purchase or lease – purchase of new machinery and equipment, including computer programs, up to the market value of the asset;
General costs related to these expenses and intangible investments.
Studies and specialized technical services in precision agriculture are only eligible when associated with material investments.
Where Community regulations impose new requirements on farmers, support may be granted for investments to comply with those requirements for a maximum period of 24 months from the date on which they become compulsory for agricultural holdings.

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