The Netherlands offers €237.65 million in support for young farmers

Published 2024년 4월 10일

Tridge summary

The article highlights the launch of a significant funding initiative aimed at supporting young farmers across Europe. With nearly €240 million available from European and national sources, the 'Setting up aid for young farmers' scheme, part of the Common Agricultural Policy (CAP), seeks to ease the financial challenges faced by young farmers starting out. This initiative encourages investments in sustainable farming practices by offering up to €80,000 per applicant through various funding rounds until 2027. The first application period is set from June 3 to August 2, 2024. Eligibility extends to farmers who began their operations after January 1, 2023, and requires the submission of a business plan with a focus on sustainability in climate, nature, and water quality over the next five years.

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Original content

Young farmers often experience a large financing burden in the initial period of their business, making it difficult to invest in sustainability. Nearly €240 million has been made available from European and national funds to support young farmers, which will be paid out through various subsidy openings up to and including 2027. The first opening will be from June 3 to August 2, 2024 with a maximum of €80,000 per applicant. The scheme is part of the Common Agricultural Policy (CAP) and is known as 'Setting up aid for young farmers'. Farmers who took over a business after January 1, 2023 can also apply. Young entrepreneurs must submit a business plan with the application that describes the economic and ecological ...

Source: Pig 333