Agriculture – Growth Open
The Landwirtschaft – Wachstum (Agriculture – Growth) program by Landwirtschaftliche Rentenbank offers low-interest loans for agricultural businesses in Germany. It supports investments aimed at reducing production costs, as well as improving and restructuring production. Young farmers also benefit from an additional interest bonus.
Who is funded?
The program targets small and medium-sized enterprises (SMEs) in primary agricultural production throughout Germany, including agriculture, horticulture, and viticulture. The aim is to support businesses in investments that contribute to reducing production costs or improving and restructuring production. Young farmers under 41 years of age also receive an interest bonus.
What is funded?
The Agriculture – Growth program promotes targeted investments in primary agricultural production, as well as its processing and marketing. This includes construction measures, technical equipment, machinery, and permanent crops. Certain investments, such as land acquisition or investments in biofuels, are excluded from funding.
Type and Scope of Funding
The program offers low-interest loans as the main financing instrument. The loans can cover up to 100% of the eligible investment costs and should generally not exceed 10 million Euros per borrower per year. The program's term is limited until June 30, 2030.
Conditions and Requirements
Specific state aid regulations apply to the funding, particularly the Agricultural Block Exemption Regulation. Applications must be submitted through a house bank before the start of the project, and the earmarked use of funds must be demonstrated. Cumulation with other public funding programs is possible, provided the permissible state aid limits are observed.
Application Procedure
Applications for the "Agriculture – Growth" program are not made directly to Rentenbank, but always through the applicant's house bank or another credit institution. Leasing financing can also be applied for through a leasing company. A written state aid application must be submitted, and retrospective financing is not possible.
Legal Basis
The "Agriculture – Growth" program is implemented by Landwirtschaftliche Rentenbank based on specific guidelines and EU regulations. These regulations ensure conformity with internal market state aid rules. Official texts and further information are available on Rentenbank's website.
Funding Overview
Maximum Amount:
€10.000.000
Open Until:
30.06.2030
Award Channel:
Indirect Management Funding
Region:
Germany (nationwide)
Sectors:
Agriculture and Agribusiness
Beneficiaries:
Primary Agricultural Production
Funding Stages:
Implementation, Infrastructure
Funding Provider
Program Level: National
Funding Body: Landwirtschaftliche Rentenbank (LR)
Managed By: Landwirtschaftliche Rentenbank (LR)
Website: Landwirtschaftliche Rentenbank (LR)