Open foundation for “Rural Economic Development in Rezekne District” project competition

An open foundation for the development of “rural economy in Rezekne municipality” is a competition for the development and commencement of business in the territory.
On 22 February, a seminar on the announcement of the project competition was held for the “Rural Economic Development in Rēzekne District” (LEARN). The objectives of the project are to promote the activities of the population in the area, contributing to improving the quality of life, the development of entrepreneurship and the reduction of unemployment. They have the opportunity to raise funds to start their business and implement business ideas, as well as to develop an existing economic activity.
The seminar was attended by more than 50 participants from the entire municipality, obtaining the most important information for project development. The total budget for the project tender is EUR 22 000, however the maximum possible aid per project is EUR 3000. It is important to note that applicants must provide co-financing of at least 10% of the total amount of the project.
Eligible costs are:

  • the purchase of equipment, equipment by which the product will be produced, processed, sorted, built, moved (excluding road), prepared for storage, packaged, stored or will be supplied;
  • inventory, equipment delivery and installation costs;
  • purchase of specific computer software;
  • purchase of office machinery where the costs do not exceed 10% of the total eligible amount of the project, except where the computer hardware is necessary for the production process;
  • preparation of marketing materials;
  • construction materials for repair works of manufacturing or service facilities;
  • VAT if the aid applicant is not registered in the register of TAXABLE persons.

Within a month, by 23 March, it is necessary to develop its own project and submit it personally to THE LEARN Foundation, the Liberation Alliance 95C. The projects submitted will be assessed in the composition of seven members of the Commission, analysing the development of the business perspective in the long term, as well as the competency of the applicant itself and other criteria.
If necessary, after consulting, the senior consultant Ilze Kišchenko may be contacted, calling at T. 26516242 by electronic means - learn@rezeknesnovads.lv, as well as coming personally - in the release alley 95C for the time of acceptance every working day from at noon 9:00-16:00.
DEFAULT 2016
Preparation of project application
Project login form
De minimis form
Economic activity report
Report on financial use
Cash flow
Advance request



_______________________
With respect,
Ilze Kishchenko
Senior consultant of the foundation “Rural Economic Development in Rezekne District”
mob. +371 26516242
learn@rezeknesnovads.lv

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