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Establishment aid for young farmers
What do you, as a young farmer, know about your options in terms of establishment aid in the event of a business takeover? If you meet the conditions, you are eligible for €80.000. The arrangement is now becoming increasingly clear, but it still raises a number of questions.
In any case, we know that there is a budget of €2027 million for this scheme until 240. RVO assumes that this is sufficient budget to honor all applications. The intention is for this scheme to run for several years. The first opportunity to submit an application runs from June 3 to August 2, 2024. You are eligible for this scheme if, as an applicant, you are between 31 and 2024 years old on December 16, 39, the company and submit a business plan. Read more about the conditions and opening of the establishment aid scheme.
First come, first served
In principle, this rule applies; 'first come, first served'. The scheme has no direct relationship with de minimis rules. It also applies that only complete applications count. It is therefore crucial that you submit a complete application, including an accompanying business plan. So that you don't miss your chance.
What else we know…
The above is just a selection of matters that are already clear about the establishment aid scheme. For example, what about a joint takeover? And what uncertainties remain about the establishment aid scheme? Business advisor Hans Scholte breaks it down for you.
Want to know more?
Would you like to know more about establishment support or do you have other questions? Visit Flynth's website of please contact us.
