Ministry of Agriculture in Yakutsk to initiate the process of accepting applications for "Agrostart" grant
In the vast and resource-rich region of Yakutia, Russia, farmers have been seeking information about the eligibility criteria and grant amounts for the Agrostartup program, a federal initiative designed to support young agricultural entrepreneurs. A recent search revealed that most results pertained to other topics, leaving the Agrostartup program details somewhat elusive.
However, based on current knowledge up to mid-2024, the Agrostartup program in Russia generally provides grants to young farmers, ranging from approximately 300,000 to 1 million rubles (approximately $4,000 to $13,000 USD), depending on the project scale and region. To be eligible, applicants typically need to meet the following criteria:
- Be Russian citizens.
- Be between 18 and 45 years old.
- Present a feasible agricultural business plan.
- Engage in agricultural production, processing, or related services.
- Comply with local and regional requirements.
For Yakutia, the specific eligibility criteria and grant amounts may be adapted or supplemented by regional authorities to suit local conditions and priorities. To obtain precise, up-to-date details, one should consult the official Yakutia government portals or agricultural ministry announcements.
Recent announcements from the Ministry of Agriculture and Food Policy of Yakutia have shed light on the Agrostartup grant program in the region. As of August 12, 2020, the ministry began accepting applications for the program. The main activity of applicants should be the production or processing of agricultural products.
The grant recipients must be registered in the rural area of Yakutia and provide at least 10% of the project's cost themselves. The grant funds range from 1.5 to 8 million rubles, but recipients must provide at least 10% of the project's cost. The funds can be used for purchasing land, livestock, equipment, machinery for the production and processing of agricultural products, and for connecting production facilities to engineering networks.
The competition is open to farmers, farmers' households, and individual entrepreneurs who are heads of such households. Document acceptance for the Agrostartup grant will continue until September 11. The names of the winners of the grant competition will be announced by September 27.
Despite the lack of specific information in search results, the Agrostartup grant program in Yakutia offers a valuable opportunity for young farmers to secure funding for their agricultural ventures. To learn more about the program and to apply, farmers are encouraged to consult the official Yakutia government portals or agricultural ministry announcements.
- The Agrostartup grant program in Yakutia, a part of the Russian business landscape, offers finance for young farmers engaged in farming or related services, providing grants ranging from 1.5 to 8 million rubles (approximately $20,000 to $105,000 USD) for agricultural production or processing projects, within the eligible criteria and provided they contribute at least 10% of the project's cost.
- In the realm of Yakutia's industry and finance, the Agrostartup program, a sector-specific initiative, offers a significant opportunity for young farmers to secure funding for their agricultural ventures, as they seek to comply with the specific eligibility criteria and grant amounts determined by regional authorities, and stay updated through official government portals or agricultural ministry announcements.
