Spain: Castilla y León announces aid to promote hops cultivation

Published Mar 17, 2021

Tridge summary

The Official Gazette of Castilla y León has announced new aid initiatives to boost the hop sector, focusing on the establishment of new hop plantations, the reconstruction and enhancement of existing ones, and the mechanization of hop crop production. This initiative aims to enhance the sector's competitiveness and sustainability by encouraging the creation of new plantations and the modernization of existing ones. For new plantations, the minimum area required is 0.5 hectares, and the aid per hectare can reach 11,500 euros. Additionally, aid is available for the acquisition of agricultural machinery, with a maximum investment of 215,000 euros. The application deadline is set for one month following the gazette's publication.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The Official Gazette of Castilla y León (BOCYL) published, on March 17, the Order by which aid to the hop sector is summoned. These aids are intended to promote the production of the hop crop with the establishment of new plantations and the reconversion and improvement of existing ones, as well as the mechanization of the crop to adapt production to the demand of the industry, in order to guarantee its permanence and competitiveness. In the case of new plantations, the aid is aimed at natural or legal persons, or groups of natural or legal persons, including entities without legal personality, owners of an agricultural holding registered in the Registry of Agricultural Holdings of Castilla y León. In the case of aid for the acquisition of machinery, the beneficiaries are cooperative societies or groups and other agricultural associations. The minimum area per farm that will be required from new plantations in order to receive the aid is 0.5 hectares with a planting density of ...
Source: Agropopular

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