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Base de Datos de Proyectos de PDR

Supporting Young Farmers to become Competitive in Flanders

Summary

Assisting a young farmer to become an owner-manager of a family farm including assistance with transfer of ownership; developing a viable business plan; attracting investment to enhance the use of new technology; improving productivity & efficiency.

Background

This project supported the initiative of a young farmer who wanted to take over ownership and management of his family farm from his parents. The farm met all the registration requirements, including licences for farming livestock under limited environmental restrictions, production & emisison controls. The young farmer had developed a business plan which was considered to be viable and eligible for support.

Objective

The objective of the project was to assist the young farmer to complete transfer of ownesrhip of the farm; to improve the competitiveness of the farm business through adjustment in farm business management, skills enhancement and targeted investment in new technology, ensuring that the farm would be better placed to respond to challenges in the future.

Main activities

Project activities included: preparation of a business plan including capital investment and income projections; preparation and submission of application forms; arrangement and approval of all the elements required to complete formal transfer of ownership of the farm (inc. finance, farm structures improvement, legal aspects, etc); support for the development of farm business management and improvements in farm productivity and overall efficiency.

Results & Benefits

Results achieved included: completion of ownership transfer; improved gross margin and added value in the farm business; improved productivity per labour unit; and overall, a greater sense of economic security and future sustainability for the wider family, spanning 3 generations.

Lessons learnt

Accurately quantifying all the costs of transfer to a young farmer requires very good planning ability.

Project location and other information

Flanders, Belgium

Region

Prov. West-Vlaanderen

RDP Territory

Flanders

Total project cost (€)

276 195

EAFRD contribution (€)

27 500

National contribution (€)

27 500

Private contribution (€)

221 195

Contact name

Johan De Schryver, Flemish Agricultural Investment Fund

Telephone

+32 2 552 74 76

Languages for contact

Dutch

At a glance

Country

Belgium

Final beneficiary type

Individual farmers

Budget range

€100 000 - €500 000

Start date:

18/08/2010

End Date:

31/12/2010

Theme / Measure:

• Competitiveness of Agriculture & Forestry
• Promoting knowledge and improving human potential
• 112. Setting up of young farmers

Keywords:

Business planning, Competitiveness , Employment, Farm skills, Young farmers

Last update

16/05/2012