Yangju City Accepts Applications for "Outstanding Next-Generation Agricultural Manager Development Project"... Up to 200 Million Won in Loans Available

Yangju City in Gyeonggi Province will be accepting applications for the "2026 Outstanding Next-Generation Agricultural Manager Development Project" from March 23 to April 15, 2026, to foster professional farmers who will lead the development of local agriculture.

A panoramic view of Yangju City Hall. Provided by Yangju City

This project is being implemented pursuant to Article 8 of the "Act on the Fostering and Support of Next-Generation Farmers and Young Farmers," with the aim of securing specialized agricultural and fishery personnel.

Eligibility is limited to those who have been selected as next-generation agricultural managers and have been engaged in farming for at least five years. Those selected as next-generation agricultural managers or next-generation agricultural managers under the youth startup category in 2021 or earlier may apply.

A total of 500 individuals will be selected nationwide based on scores, with selection occurring through a national competition among those scoring 90 points or higher, regardless of regional quotas.

Selected applicants may receive policy loans of up to 200 million won to expand farming scale and improve management. The loan carries a fixed annual interest rate of 1.5%, with repayment terms of a five-year grace period followed by ten years of equal principal installment payments.

The funds can be used for a variety of farming infrastructure purposes, including purchasing or leasing farmland, installing facilities such as greenhouses and livestock barns, and acquiring agricultural machinery or agricultural cargo vehicles.

An official from Yangju City stated, "Through this project, we expect that the capable next-generation agricultural managers in Yangju City will be able to further grow and become key personnel in the region's agriculture."

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