Normandie Garantie Agri

Normandie Garantie Agri, is a new EIF initiative targeting the financial needs of farmers, enterprises active in the agricultural sector, agro-industry as well as the equestrian sector which is co-financed by the European Agricultural Fund for Rural Development (EAFRD).

Normandie Garantie Agri is launched in response to the market failures regarding access to financing for economic players in the agricultural sector. The aim of this financial instrument is to support the need for financing and guarantee access to the economic market for young and new farmers. It will mobilize at least EUR 200m of new loans.

Normandie Garantie Agri makes available a free-of-charge first-loss portfolio guarantee supporting new debt financing to farmers. The support provided by this financial instrument is based on the four following pillars:

• Fostering the setting up of young farmers/newcomers;
• Stimulating productive and diversification investments undertaken by farmers;
• Supporting SMEs active in the agro-industry and eventually (a specificity in this Region);
• Supporting the Equestrian sector.

Who is eligible* to become a financial intermediary under Normandie Garantie Agri?

Eligible applicants are Financial institutions duly authorized, according to applicable legislation, to carry out lending or leasing activities to final recipients established and/or operating in Normandie.

*for the complete set of eligibility and other criteria, please refer to each call document

The DEADLINE for the Normandie Garantie Agri Call for Expression of Interest is 29/02/2024

How to apply to Normandie Garantie Agri?

The documents to be downloaded below contain details of the application process, the required contents of the Expressions of Interest, and the indicative terms and conditions of the financial instrument.

For more information about the eligibility and exclusion criteria please refer to the Call for Expression of Interest below.