Spain leads agri-food innovation projects financed by the EU

Published Jan 4, 2024

Tridge summary

Spain is a leader in agri-food innovation projects in the EU, with over 700 initiatives supported by the rural development pillar of the Common Agricultural Policy (CAP). These projects have received 62 million euros in funding from the National Program for Rural Development and have a strong focus on digital transformation to make the sector more competitive and sustainable. The European co-financing rate for these projects is 80%, and Spain has the highest number of innovative projects with European funding, followed by Italy, Germany, and the Netherlands.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Spain leads innovation projects in the agri-food sector in the European Union (EU), with more than 700 initiatives within the framework of the European Association on agricultural productivity and sustainability (AEI-Agri). This appears in the inventory of innovative projects financed by the EU and supported by the rural development pillar of the Common Agricultural Policy (CAP) in the 2014-2020 programming period, as indicated this Thursday by the Ministry of Agriculture, Fisheries and Food. (MAP). More than 700 of these initiatives have been promoted in Spain within the framework of the AEI-Agri, including 124 projects developed by supra-autonomous operational groups, which have received funding of 62 million euros in the National Program for Rural development. In a report, MAPA has highlighted the importance of digital transformation as a key to innovation with a view to achieving a more competitive, sustainable and essential sector for food security, with an impact on rural ...

Source: PEefeagro