Project Description

Young Farmers

Rural Development Program

This support aims to encourage the renewal and rejuvenation of agricultural businesses and increase the attractiveness of the agricultural sector to young investors, promoting investment, support for land acquisition, knowledge transfer and market participation. Aimed at entrepreneurs, the Young Farmers RDP has a maximum funding amount of 500 thousand euros.

Download the Infosheet

Support Status

Closed

Financing

Up to 500.000€

Territory

Mainland Portugal

Eligible Entities

Young people up to the age of 40

Young Farmers

Rural Development Program

This support aims to encourage the renewal and rejuvenation of agricultural businesses and increase the attractiveness of the agricultural sector to young investors, promoting investment, support for land acquisition, knowledge transfer and market participation. Aimed at entrepreneurs, the Young Farmers RDP has a maximum funding amount of 500 thousand euros.

Download the Infosheet

Support Status

Closed

Financing

Up to 500.000€

Territory

Mainland Portugal

Eligible Entities

Young people up to the age of 40

Incentive Conditions

  • Fostering the renewal and a new generation of agricultural enterprises;
  • Increasing the attractiveness of the agricultural sector to young investors by promoting investment, support for land acquisition, knowledge transfer and market participation.
  • Mainland Portugal.
  • Premium of EUR 20 000
  • Bonuses:
    • 5000 in case of on-farm investment of 80 000 euro or more per young farmer;
    • 5000 if the young farmer is setting up on an exclusive basis.
  • Minimum: €25 000
  • Maximum: EUR 500 000
  • Young people taking over and managing an agricultural holding for the first time, aged between 18 and 40;
  • Legal persons in the form of limited companies with an agricultural activity as their corporate object, whose managing partners holding the majority of the share capital are young farmers, and each of them holds more than 25% of the share capital.
  • Construction and improvement of immovable property:
    • a) Land preparation;
    • b) Improvement of buildings and other constructions directly related to the activities to be developed;
    • c) Adaptation of existing facilities related to the implementation of the investment
    • d) Multi-annual planting;
    • e) Installation of permanent pasture, regularisation and preparation of soil, deforestation and land consolidation;
    • f) Irrigation systems – installation or modernization, namely water collection, conduction and distribution;
    • g) Consolidation costs;
  • Purchase or leasing of movable property:
    • a) Purchase or lease of new machinery and equipment, including computer equipment;
    • b) Equipment for internal transport, cargo handling and boxes and pallets with a life span exceeding one year;
    • c) Equipment aimed at valorization of by-products and residues from the activity
    • d) Fences required for livestock farming activities or to ensure the safety of people and animals;
    • e) General expenses – energy efficiency and renewable energy, application software, industrial property, diagnoses, audits, marketing and branding plans and feasibility studies, follow-up, architectural and engineering projects associated with investments, up to 5% of the total approved eligible cost of the remaining expenses.
  • Young people who want to start their first experience in the agricultural sector.

Incentive Conditions

Fostering the renewal and a new generation of agricultural enterprises;
Increasing the attractiveness of the agricultural sector to young investors by promoting investment, support for land acquisition, knowledge transfer and market participation.

Mainland Portugal.

Premium of EUR 20 000
Bonuses:
5000 in case of on-farm investment of 80 000 euro or more per young farmer;
5000 if the young farmer is setting up on an exclusive basis.

Minimum: €25 000
Maximum: EUR 500 000

Young people taking over and managing an agricultural holding for the first time, aged between 18 and 40;
Legal persons in the form of limited companies with an agricultural activity as their corporate object, whose managing partners holding the majority of the share capital are young farmers, and each of them holds more than 25% of the share capital.

Construction and improvement of immovable property:
a) Land preparation;
b) Improvement of buildings and other constructions directly related to the activities to be developed;
c) Adaptation of existing facilities related to the implementation of the investment
d) Multi-annual planting;
e) Installation of permanent pasture, regularisation and preparation of soil, deforestation and land consolidation;
f) Irrigation systems – installation or modernization, namely water collection, conduction and distribution;
g) Consolidation costs;
Purchase or leasing of movable property:
a) Purchase or lease of new machinery and equipment, including computer equipment;
b) Equipment for internal transport, cargo handling and boxes and pallets with a life span exceeding one year;
c) Equipment aimed at valorization of by-products and residues from the activity
d) Fences required for livestock farming activities or to ensure the safety of people and animals;
e) General expenses – energy efficiency and renewable energy, application software, industrial property, diagnoses, audits, marketing and branding plans and feasibility studies, follow-up, architectural and engineering projects associated with investments, up to 5% of the total approved eligible cost of the remaining expenses.

Young people who want to start their first experience in the agricultural sector.

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