News

Netherlands: help for setting up young livestock producers

Innovation & Technology
Published Apr 18, 2024

Tridge summary

Under the 'Start-up aid for young farmers' initiative, part of the Common Agricultural Policy (CAP), nearly €240 million has been earmarked to assist young livestock producers. This funding aims to ease the financial challenges new farmers face and promote sustainable investment practices. Grants of up to €80,000 will be available through competitions, with the first running from June 3rd to August 2nd, 2024. Eligibility extends to farmers who have taken over a company since January 1, 2023, provided they submit a detailed five-year plan focusing on economic viability and environmental sustainability, particularly in climate, nature, and water quality.
Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Young livestock producers often have high financial burdens at the beginning of their activity, which makes investing in sustainability difficult. Almost €240 million of European and national funds have been made available to support young livestock producers, which will be paid for through various grant competitions up to and including 2027. The first competition will take place from June 3rd to August 2nd, 2024, with a maximum of 80,000 euros per candidate. The scheme is part of the Common Agricultural Policy (CAP) and is called "Start-up aid for young farmers". Farmers who acquired a company after January 1, 2023 can also apply. Young entrepreneurs must present, together with their application, an activity plan that describes the economic and ...
Source: 3tres3
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