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 in future. New cherry orchard will be planted and the areas with greenhouse tomatoes will be gained by renting additional greenhouses. Farm will be specialized in the field of permanent crops and vegetable greenhouse production - tomatoes . Implementation of the business plan begins in the first business year by purchasing a milling machine . Volume of production will increase. That will make the farm more suitable to the market conditions. The cost of production will be significantly reduced. The farm will become 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 22 Oct, 2019
End date 22 Apr, 2024
Contract date 22 Oct, 2019
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