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Settlement Support Fund for Young Farmers: A to Z

  • Written Language: Korean
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Created: 2024-11-20

Created: 2024-11-20 01:12

The government is implementing various support policies for young farmers who will lead the future of rural areas. Among them, the Young Farmer Settlement Support Fund serves as a solid foundation for young farmers who are struggling to secure initial settlement funds. This article provides detailed information about the Young Farmer Settlement Support Fund. We will address all your questions, from eligibility criteria and application methods to usage, to help you start a successful farming life.

What is the Young Farmer Settlement Support Fund?

The Young Farmer Settlement Support Fund is a program implemented by the Ministry of Agriculture, Food and Rural Affairs. It provides young farmers who are taking their first steps in agriculture with a monthly support fund of up to 1.1 million won to help them settle down stably.

Who is eligible for the support?

  • Young people aged 18 to 40Youth
  • Those with no farming experience or less than 3 years of experienceIndividuals
  • Those who have registered a farm management bodyIndividuals

What are the support benefits?

  • Up to 1.1 million won per monthSupport funds provided for up to 3 years
  • Farm management expenses, general machinery fundsCan be used for, etc.
  • Opportunities for agricultural educationProvided

How do I apply?

How to Apply for the Farming Settlement Support Fund

How to Apply for the Farming Settlement Support Fund

You can apply online through the AGRIX website.

  • Application period:First or second half of each year (check the announcement for the exact period)
  • Required documents:Application form, farming plan, health insurance payment confirmation, etc.

How should the support fund be used?

  • Farm management expenses:Agricultural materials, fertilizers, pesticides, etc.
  • General machinery funds:Purchase of agricultural machinery, rent, etc.
  • General household funds:Living expenses, etc.

However, it cannot be used for land or agricultural machinery purchases, entertainment expenses, etc.

Questions about the Young Farmer Settlement Support Fund?

  • Q. When can I receive the support fund?
    • A. After the announcement of the selection results, you can receive and use it by issuing a NongHyup Young Farmer Hope Card.
  • Q. What happens if I give up midway?
    • A. You may have to return the support fund, and your participation in future support programs may be restricted.
  • Q. Is it possible to apply for other government support programs simultaneously?
    • A. Since the criteria for overlapping applications vary depending on the program, you should contact the relevant department in charge of the program.

Additional tips for successful farming

  • Detailed planning:To achieve successful farming, you need to develop a systematic plan and manage it continuously.
  • Consistent effort:Agriculture is a field that requires continuous effort and learning.
  • Exchange with other farmers:This is very helpful in obtaining various information and solving difficulties.

Challenge yourself now!

We support your passion for becoming a young farmer. Grow into a stable farmer through the Young Farmer Settlement Support Fund and create a bright future for rural areas together.

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