Spanish Government allocates almost 500,000 euros to an innovative project linked to traceability in the traditional olive grove

Published Jan 4, 2023

Tridge summary

The Spanish Ministry of Agriculture has allocated nearly 500,000 euros to an innovative project aimed at traceability of extra virgin olive oil from traditional olive groves. This initiative, promoted by an operational group including UPA, Migasa Aceites, and Wealize SL, will use blockchain technology to provide transparency throughout the production process. The public aid of 12.15 million euros is part of the European Recovery Instrument and has been allocated to 23 innovative projects, involving 217 entities. Spain is the second EU country in terms of supported innovative projects, with a total of 124 projects in the agri-food and forestry sector receiving over 62 million euros.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

JAEN, 4 Jan. (EUROPA PRESS) - The sub-delegate of the Government of Spain in Jaén, Catalina Madueño, has announced the granting of aid of almost 500,000 euros from the Ministry of Agriculture for an innovative project of general interest linked to the certification of the traceability of extra virgin olive oil from traditional olive grove. It is an initiative that is committed to providing the entire production process with more transparency, "something that benefits both the farmer himself and the final consumer", as indicated this Wednesday in a note. "In other words, this proposal intends to record all the operations of the production of extra virgin olive oil, in such a way that customers can have the guarantee of the origin and the qualities of what they buy and consume, something that is key to value the quality of our oil compared to that of other countries", explained Madueño. This initiative is promoted by a supraautonomous operational group made up of the Union of Small ...
Source: europapress

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