A tender has been announced for measure Promotion in third country markets from the new National Wine Aid Program until 2023. Apart from the Wine Envelope, through which Croatian winemakers and winegrowers can build cellars, purchase equipment, reconstruct vineyards and promote their wines, the Rural Development Program of the Republic of Croatia also co-finances the construction of new vineyards. Also soon in Parliament will be a proposal for a new law on wine which will bring the legal framework for the production of grapes and wine and the sale of wine in market-transparent conditions. Beneficiaries measure Promotion in third country markets are: professional organizations involved in the wine sector, wine producers ‘organizations, associations of wine producers’ organizations, temporary or permanent associations of two or more producers, sector organizations involved in the wine sector, public bodies established by law representing wine producers, except state budget users and private companies (natural or legal persons) registered for wine production. The level of support is up to 80% of the total eligible costs, within which the share of 50% of eligible costs refers to EU funds, and the share of 30% of the total eligible costs to state aid funds (de minimis aid). The maximum amount of total eligible costs per project is 250.000 euros. NEW WINE LAW ADOPTED: FOUR WINE REGIONS ESTABLISHED The aim of the competition is to help winemakers to place their wines on the market outside the European Union, the so-called third countries, in order to better position our wines on the world wine list. Eligible costs within the Promotion measure are: advertising in the media on third country markets; public relations, promotion and marketing, including the organization of information trips to Croatia; promotion of the image of Croatia, promotional sales and activities related to public relations; production and distribution of promotional materials for third country markets; participation in trade fairs and other events in third country markets, and administrative and staff costs. The application deadline is March 29, 2019. year, and the tender and detailed instructions with a list of forms are available here. RELATED NEWS: VINART GRAND TASTING BECAME THE MOST IMPORTANT WINE EVENT IN OUR BEAUTIFUL
Businesses in various sectors are going digital to continue operating amid the COVID-19 pandemic. Recently, Indonesian start-ups and fintech companies have begun launching programs to help micro, small and medium enterprises (MSMEs) to go digital.One fintech company that has helped with the digitalization of the retail supply chain is peer-to-peer lender AwanTunai. The company has disbursed Rp 407 billion (US$27.8 million) in loans to wholesalers and retailers, including warung (kiosks) from 2019 to June.AwanTunai offers point-of-sale (POS) solution as well as AwanTempo, a lending program to help warung increase sales by increasing their stocks. Through digitalization, we can now know data, such as what wholesalers are distributing to small retailers, when it happens and the value of the transactions they make.We do not aim to be a lender for these small businesses, rather our dream is for AwanTunai to be able to facilitate banks to serve MSMEs by helping create a credit scoring method. We want to show banks that small businesses can repay their loans on time and that our business model is safe for banks to disburse their loans through us. So, our mission is to help unbanked businesses get funding and build the data infrastructure of the retail supply chain.How has the COVID-19 pandemic affected AwanTunai?On the downside, we have seen our retailer clients experience an average 30 percent decrease in revenue. Their ability to repay loans on time fell to 88 percent during the pandemic from 98 percent last year.Our clients also saw consumer behavior changes during the pandemic with more people buying staple needs and fast-moving consumer goods (FMCG), while cigarettes and higher-end FMCG brands were struggling. This resulted in an inventory buildup.However, we have also noticed that people are still cautious about going to supermarkets, so they buy their needs at warung, which are closer to home. Warung owners have also learned to adjust to customer needs, further boosting sales. Because of this, the on-time payment rate returned to 97 percent in the second quarter this year.While the amount of loans was down, we have seen app adoption increase as more retailers join the AwanTunai mobile application.AwanTunai recently received US$20 million in funding, how are you going to disburse this capital?We want to focus on serving MSMEs, which are selling staple goods and FMCG products.Initially, we focused on helping digitalize wholesalers that had Rp 5 billion in revenue or higher. From them, we have gotten contacts to small retailers, and then we help them digitalize too. This top-down scheme works well because if we try to digitalize small retailers first, it may take longer, as some of them do not understand how to use mobile apps.However, we are also seeing the potential to go upstream and target medium or large farming groups. We wanted to expand to other sectors, such as digitalizing food and beverage or garage shops too, but since the pandemic has disrupted both sectors, we decided to focus on the verticals we already have.Now there are many start-ups and fintech companies that want to digitalize MSMEs, what are your thoughts on this trend?Sometimes start-ups try to implement business models that work in the United States or India in Indonesia. For example, some start-ups want to digitalize, but also change the supply chain by distributing goods from principle directly to modern or small retailers, skipping wholesalers altogether.The way I see it, Indonesia’s retail supply chain is already perfect. Wholesalers are still the backbone of the sector because they have warehouses in strategic places, they have efficient logistics and they have buyers within 5 to 10 kilometers of their warehouses.So, I think start-ups that try to change this model, especially those that also implement unsustainable business models such as burning money and give never-ending discounts will find it quite hard to survive, especially during this pandemic. What is AwanTunai’s plan for the future?Our target for the year is to have around 200 more wholesaler partners and around 10,000 more warung clients. We want to disburse around $10 million in loans by the end of the year as well.For future plans, first, we want to be able to help banks to disburse more accessible financing to millions of warung and small farmers in the country. We are now focusing on FMCG and staple needs, but I hope that our business model can inspire banks to see that financing MSMEs is possible.We are currently working with OCBC but hopefully, we can reach out to more banks too.Secondly, we want to expand our business nationwide. AwanTunai is now available in the Greater Jakarta area and East Java and we would like to serve more people in the future.We were also informed that a similar business model is needed and has the potential to thrive in our neighboring countries such as Myanmar and Bangladesh, so, it will be interesting to cater to these markets as well.Topics : The Jakarta Post’s Eisya A. Eloksari interviewed AwanTunai’s CEO Dino Setiawan on Aug. 29 to discuss the pandemic’s effects on the retail sector and the digital future of Indonesia’s supply chain.Question: Can you tell us about AwanTunai’s story and its work surrounding financial inclusion and the digitalization of small businesses?Answer: Initially, we wanted to digitalize the supply chain for small farmers, but I do not think we were ready because of the lack of digital infrastructure and digital literacy in rural areas compared to cities.So, we decided to build the technology infrastructure in the retail supply chain sector first. We wanted to collect and analyze data on small businesses, which was practically invisible before, as warung make transactions with cash and did the bookkeeping with paper and pen.
Published on September 7, 2017 at 11:32 pm Contact Tomer: [email protected] | @tomer_langer Facebook Twitter Google+ UPDATED: Sept. 10, 2017 at 10:33 p.m.After a lopsided victory in Week 1, Syracuse (1-0) gets its next challenge in the form of Middle Tennessee State (0-1) Saturday at 3:30 p.m. in the Carrier Dome. MTSU defensive coordinator Scott Shafer will be making his first return to the Carrier Dome since being fired as head coach of the Orange in 2015.Here’s what to know about the Blue Raiders:All-time series: This is the first matchup between the two schools.The Middle Tennessee State report: MTSU owned one of the most effective offenses in the country a year ago, finishing eighth in total offense while racking 517.7 yards of offense per game.AdvertisementThis is placeholder textThat total is mainly fueled by the passing attack, which also finished eighth in passing yards per game. Quarterback Brent Stockstill, son of head coach Rick Stockstill, is all the all-time leader in career touchdowns at MTSU, throwing for 62 in just 25 games.Stockstill’s most trusted target is Richie James, who has caught more than 100 balls in each of his first two seasons. He hauled in 10 receptions for 112 yards last week against Vanderbilt but the MTSU offense as a whole was stalled against the Commodores. Stockstill was sacked five times as the Blue Raiders managed to score just six points in the loss.On defense the Blue Raiders have Mike Minter Jr., a top corner who should defend Steve Ishmael for much of the game. Ishmael was a big part of SU’s offense Friday and negating him could be a deciding factor for MTSU.How Syracuse beats Middle Tennessee State: Get to the quarterback. Vanderbilt developed the blueprint a week ago and Syracuse would be wise to follow it. Now, head coach Dino Babers admitted that SU might not have as good of a personnel group as Vanderbilt does. But it’ll still be paramount to the Orange’s success.Defensive tackle Chris Slayton was a force against Central Connecticut State as he normally is and transfer defensive ends Brandon Berry and Alton Robinson impressed in SU’s first game. Somehow, whether it’s strictly from the front four or if SU brings out various blitz packages, someone will need to get to the Stockstill and rush him.Player to watch: Richie James, wide receiver, No. 3James caught 213 balls over the first two years of his career. If he continues his pace of catching 100 balls a year he’d break the all-time receptions record set by Zay Jones and would be the first receiver ever to catch 400 balls. He got off to a hot start last week against Vanderbilt and needs just 16 catches to become the MTSU all-time receptions leader. He’s also been used effectively as a running threat, racking up 339 rushing yards on 38 carries a year ago to go with his 1,625 receiving yards. SU will need to find a way to slow down James on Saturday. Comments
Manchester United and Chelsea played out a 0-0 draw at Old Trafford on Monday in a game that failed to live up to its pre-match billing.The fixture marked the first time that David Moyes locked horns with Jose Mourinho as United manager but neither manager could gain the psychological upper hand, although the point puts the Blues clear at the top of the Premier League.Oscar tried to prise open a tight United defence in a lacklustre first half but twice wasted good opportunities with weak efforts straight at David de Gea. Robin van Persie had United’s best effort when he hit the side netting from inside the area.The second half followed a similar pattern and England international Danny Welbeck will rue his wastefulness after digging an effort wide after good work from Wayne Rooney. United also had claims for a penalty when a Tom Cleverley shot struck Frank Lampard’s hand in the box.Moyes named Rooney in his starting XI for the first time, with the striker the subject of two rejected bids during the close-season from Monday night’s opposition. Ryan Giggs dropped to the bench to allow for his inclusion.Chelsea started the game with a surprise as Andre Schurrle led the line. Kevin De Bruyne was also given the nod as Juan Mata and Demba Ba were omitted from the side that started against Aston Villa on Wednesday. Both sides struggled to create openings in a tepid opening 45 minutes. It was the away side who had the first chance in the 10th minute when a low De Bruyne cross rebounded to Oscar who hit a tame effort straight at De Gea.Chelsea had managed to quash the threat Van Persie for the opening 20 minutes but the Dutchman had United’s first meaningful effort. Michael Carrick dispossessed Ramires in midfield and the former Arsenal man picked up the loose ball on the edge of the box but he went too wide before firing his effort against the side netting.Rooney then had his first effort on goal. He showed a neat piece of skill to feint inside Gary Cahill but his shot from 20 yards was weak and rolled harmlessly to Petr Cech.United were beginning to enjoy more of the ball and, in the 38th minute, Phil Jones’s low cross was only half-cleared by John Terry and Cleverley hit a first-time shot from 20 yards that cleared the crossbar.The half ended with a weak shot from Oscar after a series of neat passes in the Chelsea midfield – the Brazilian will feel that he could have done more to trouble De Gea. After a slow start to the second half, United should have taken the lead after 56 minutes. Rooney showed good control just outside the area before slipping a neat through-ball to Welbeck but the striker fluffed his lines as he chipped his effort over from 10 yards.Cahill was unlucky with a 30-yard drive that De Gea got down well to save, before United had claims for a penalty.Cleverley’s half-volley hit Lampard’s hand in the area but referee Martin Atkinson deemed that the midfielder had not deliberately made contact with the shot.Rooney almost had the last say late on when he tested Cech with a strong 25-yard effort. The shot may have been going wide but the Chelsea man took no chances.With two minutes remaining, United had another penalty shout when John Obi Mikel turned into Van Persie’s volley but the decision would have been harsh on the Nigerian who knew had no time to dodge the shot.