Start-up support for setting up and developing farms for young farmers

The farm does not have enough farmland for it's development. The arable land will be increased in future with 0,6000 hectares. As a main crop on that land farmer will grow potatoes, after they've been harvest, cabbage will be planted as a second crop. Farm will be specialized in the field of vegetable crops. Implementation of the business plan begins in the first business year by purchasing a milling machine. By adding additional areas , volume of production will increase and a longer supply period for fresh vegetables will be provided. That will make the farm more suitable to the market conditions.The cost of production will be significantly reduced. Farm will become more competitive. With higher production volumes, the possibility of more profitable contracts for the purchase of wholesale products will be sought. Farmer is planning to employ one person on a permanent employment contract in the second business year. He will declare each year his areas for direct payments support and state aid schemes applicable to his holding.

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Overview

Status Contracted
Start date 19 Jan, 2021
End date 19 Jul, 2025
Contract date 19 Jan, 2021
View in UMIS

Financial information

Total cost 48,895.00
Grant 48,895.00
Self finance 0.00
Total paid 24,447.50
EU participation percent 90.0%

Location