Start-up support for setting up and developing farm for young farmer

Farm does not have enough farm land for it's development. The arable land will be increased during the second business year. Additional greenhouses will be hired, and the volume of production will increase. Implementation of the business plan begins in the first business year by purchasing a sprayer That will make the farm more suitable to the market conditions. The cost of production will be significantly reduced. The 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 15 Jan, 2021
End date 15 Jul, 2025
Contract date 15 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