Up to 3 Years, Monthly Agricultural Settlement Fund Support up to 1 Million Won, and Comprehensive Support for Farmland, Funding, and Technology

Gwangyang-si, Selection of Next Year's Young Successor Farmers View original image


[Asia Economy Honam Reporting Headquarters Reporter Lee Hyung-kwon] Gwangyang City announced that it will select ‘young successor farmers’ in line with the Ministry of Agriculture, Food and Rural Affairs’ policy to overcome the collapse of the agricultural workforce base and threats to the sustainability of agriculture due to the rapid aging of agricultural labor and the sharp decline in young farmers.


The Young Farmer Settlement Support Project is a system introduced in 2018 by the Ministry of Agriculture, Food and Rural Affairs to provide young farmers and new young start-up farmers with settlement funds so they can focus solely on farming, and to comprehensively support farmland, start-up funds, education, and consulting linked to agricultural start-ups.


Eligibility requirements include being between 18 and under 40 years old, having less than 3 years of farming experience (including those planning independent management), having completed military service or being exempted, and being a young farmer with a residence in Gwangyang City.


Applicants wishing to apply must submit the Young Successor Farmer application form and required documents online through the Agricultural Project Information System by January 27 of next year.


After document and interview evaluations, those finally selected as young successor farmers by the end of March will receive monthly vouchers ranging from 800,000 KRW to 1,000,000 KRW for up to three years starting in April, depending on their independent management performance.


Lee Sam-sik, Director of Agricultural Support Division, said, “The Young Farmer Settlement Support Project is a system that supports young farmers to live stably and achieve their farming vision,” and added, “We ask for the challenge and participation of those who want to realize their dream of becoming professional agricultural managers through agriculture.”


He continued, “Please check the eligibility and support requirements carefully and prepare a specific and logical business plan and supporting documents thoroughly according to the evaluation criteria.”



Meanwhile, since 2018, Gwangyang City has selected a total of 18 young successor farmers and nurtured them as key personnel for agricultural innovation growth, and held a young farmers’ workshop on the 22nd to support stable farming settlement.


This content was produced with the assistance of AI translation services.

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