Recruitment for Participants in Youth Farmer Startup Consulting Project with 90% National Funding Support

[Asia Economy Sejong=Reporter Kim Hyewon] Korea National University of Agriculture and Fisheries (Hanongdae) announced on the 20th that it is recruiting participants for the 'Young Farmers 2040 Startup and Investment In-depth Consulting Support Project' until the 31st of next month.

This project has been implemented since 2020 to prevent cases where young farmers aged 20 to 40, who lack farming experience, invest large-scale funds without sufficient prior review and fail.

Unlike existing consulting, this project provides in-depth consulting that analyzes the investment plans of participating agricultural management entities and suggests appropriate investment methods considering management conditions and technical levels, followed by regular pre-investment mentoring and post-investment follow-up management in stages.

Eligibility for application targets individual farmers (individual management entities) and corporate management entities aged 19 to 49 (as of the application date) who plan to invest 100 million KRW or more in agriculture within one year after completing the in-depth consulting.

This year, a total of 51 management entities will be selected through evaluation.

The project will be implemented over 10 months from May this year to February next year, supporting up to 10 million KRW per agricultural management entity (9 million KRW from the national budget, 1 million KRW self-funded).

The Ministry of Agriculture, Food and Rural Affairs reported that last year, a satisfaction survey of 34 management entities regarding this project recorded a score of 4.82 out of 5.

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