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).
Beneficiaries
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.
Eligible Costs
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)
Funding
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.
Eligibility Criteria
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.