Investments in Tangible & Intangible Assets in the Wine Sector
The Ministry of Energy, Commerce & Industry, in cooperation with the Cyprus Agricultural Payments Organisation (CAPO), announces a new funding scheme supporting wine-producing enterprises. The Scheme aims to strengthen investments in facilities, equipment, and systems that enhance the production, processing and marketing of wine products. Funding is provided 100% by the European Agricultural Guarantee Fund (EAGF).
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The Scheme is open to:
Existing and newly established wine-producing enterprises (legal or natural persons)
Producer organisations, associations of producers and interprofessional organisations
Wine traders, only if they own or have a documented link with wineries/vinegar producers
Enterprises involved solely in trading activities without connection to production are not eligible.
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Building Infrastructure
Construction, purchase, conversion or modernization of buildings
Infrastructure works, aesthetic upgrades, and improvement of surrounding areas
Installations related to safety, fire protection, hygiene, water and energy efficiency
Equipment & Machinery
New equipment for production, processing, packaging, storage and ageing
Laboratory equipment and quality assurance systems (IFS, ISO, HACCP)
Equipment for wine tasting areas, sales points and marketing
ICT systems and e-commerce applications
Equipment improving environmental performance and energy savings
General Expenses
Architects, engineers and study preparation costs (up to 12% of the investment)
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The funding rate varies by beneficiary category:
40% for Micro, Small and Medium Enterprises (Category A)
20% for Large Enterprises (Category B)
15% for Very Large Enterprises (Category C)
Maximum grant amount: €600,000.
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To be considered eligible, applications must:
Be submitted within the official deadline and be fully completed
Demonstrate secured financing (own funds or loan)
Clearly describe investment actions with detailed quotations
Comply with all regulatory requirements and not constitute a “problematic enterprise”
Applications are evaluated and ranked based on specific priority criteria. A minimum score of 40% is required.