Factsheet for measure
NO-2020-16/799
–
Updated
– measures in Norway
Support for agriculture and agricultural industries
Utvidet støtte til landbruk og landbruksbaserte næringer
Background information
In order to limit the damage caused by COVID-19 for companies linked to agriculture, Innovation Norway will expand the framework for support for investment, business development and growth. The implemented measures are particularly aimed at companies that have seen shrinking market and revenue as a result of the COVID-19 pandemic, and companies with investment projects that have experienced significant cost increases as a result of the fall in the Norwegian currency exchange rate.
Content of measure
Many companies selling local food, agriculture-related tourism, and companies in the reindeer industry are now experiencing a shrinking market and loss of income as a result of the COVID-19 pandemic. For this group, two new grant schemes are now being introduced. One scheme gives companies opportunity to apply for funding of pre-projects to clarify, for example, new market opportunities. Such pre-projects can be supported with up to 100% of approved costs, limited up to NOK 150,000. The second scheme allows companies to apply for grants to carry out developing projects. Such projects can be supported with up to 75% for development costs and up to 50% for physical investments needed to complete the project.
Updates
The following updates to this measure have been made after it came into effect.
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09 June 2020
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The 9 June 2020, the government gave a new temporary regulation on grants to maintain logging activity in forestry in 2020. Funding of NOK 50 million was approved by the parliament 19 June 2020.
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Use of measure
No information to date.
Target groups
Actors and funding
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Actors
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Funding
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National government
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National funds
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Social partners
Social partners' role in
designing the measure
and form of involvement:
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Trade unions
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Employers' organisations
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Role
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Consulted
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Consulted
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Form
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Any other form of consultation, institutionalised (as stable working groups or committees) or informal
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Any other form of consultation, institutionalised (as stable working groups or committees) or informal
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Social partners' role in the
implementation, monitoring and assessment phase:
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No involvement
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Main level of involvement: Sectoral or branch level
Involvement
Organisations at industry level were invited to give comments on the measures before it was applied.
Views and reactions
Social partners have been consulted regularly during design and implementation of the measure.
Sectors and occupations
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This case is sector-specific
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Economic area
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Sector (NACE level 2)
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A - Agriculture, Forestry And Fishing
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A1 Crop and animal production, hunting and related service activities
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This case is not occupation-specific.
Sources
