Support for Young Successor Farmers: 1 Million KRW Monthly for 3 Years and Startup Loan Assistance for Successor Farmers

Selected and Supported 54 Young Farmers Leading Future Agriculture [Image Source=Jinju City]

Selected and Supported 54 Young Farmers Leading Future Agriculture [Image Source=Jinju City]

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[Asia Economy Yeongnam Reporting Headquarters Reporter Choi Soon-kyung] Jinju City, Gyeongnam announced on the 7th that it has selected 54 young farmers (24 young successor farmers, 21 successor agricultural managers, and 9 Gyeongnam-type rural employment direct payment farmers) who will lead sustainable agriculture, rural areas, and the future of local agriculture.


The young farmers selected this time were chosen through document screening after applying via town and township offices, dong administrative welfare centers, and online applications since January.


In particular, young successor farmers were finalized by appointing external expert judges and selecting candidates based on the highest scores through the first written screening and the second interview.


Young successor farmers aged 18 to 40 receive customized consulting such as up to 1 million KRW per month for three years as farming settlement support, startup funds (loan of 300 million KRW), and on-site monitoring operations. Successor agricultural managers are supported with startup fund loans (up to 300 million KRW) and educational programs to strengthen farming management capabilities.


Additionally, Gyeongnam-type rural employment direct payment farmers receive 1 million KRW per month for one year as farming settlement funds.



A city official said, “Many young farmers are actively challenging themselves to feel the attractiveness of agriculture and create their own success stories. We will continue to actively support them so that they have no difficulties in achieving their dreams and settling stably in rural areas.”


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

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