Farmers in Yakutia receive financial aid to help sustain their family-owned farms
In the chilly expanse of Yakutia, the application process for family farm grants kicks off, as part of Yakutia's state program for nurturing small-scale farming and the agro-industrial sector.
Family farms consisting of two or more individuals, along with independent entrepreneurs heading family farms, are welcome participants. The primary prerequisites for candidates are: a yearlong residency in Yakutia, verifiable agricultural income, and an initial contribution equaling at least 30% of the project's total cost (with 10% being the applicant's own funds).
The maximum grant sum is a generous 30 million rubles, capped at 70% of the overall project cost. The funds can be utilized for a range of purposes: land acquisition, construction, modernization, purchasing equipment, machinery, and repaying partial installments of a preferential loan (up to 20% of the grant amount).
Applications can be submitted via the "Electronic Budget" system by July 18, 2025, at the following link: https://promote.budget.gov.ru. The necessary documents include a completed application, a detailed business plan, and documents confirming eligibility (such as Unified State Register of Legal Entities extracts, financial statements, etc.). A comprehensive list of requirements and participation conditions can be found on the Ministry of Agriculture and Food of Yakutia's official website: https://minsel.sakha.gov.ru.
Applications undergo evaluation based on 10 criteria, including the number of employees, production facilities, land area, agricultural income, and job creation. Participants of the Special Military Operation (SVO) and their family members are awarded extra points. For further details, visit: https://minsel.sakha.gov.ru/news/6615. The final results will be made available by August 5, 2025.
https://promote.budget.gov.ru. Required documents include a completed application, a detailed project business plan, and documents confirming eligibility (extracts from the Unified State Register of Legal Entities, financial statements, etc.). A full list of documents and participation conditions can be found on the official website of the Ministry of Agriculture and Food of Yakutia:
Family farm grant programs in general aim to empower small-scale farmers and rural families by providing financial aid to establish or develop family farms. Some common features of these programs are:
- Eligibility: Applicants are typically required to be local residents, registered as individual entrepreneurs or farming households, and demonstrate an affinity for sustainable agriculture or rural development.
- Application Process: This usually entails filling out an application form with a business plan, proof of land ownership or lease, personal identification, and occasionally evidence of agricultural experience or training.
- Evaluation Criteria: Applications are usually assessed based on factors like the farm plan's viability, potential for job creation, contribution to local food security, and compliance with program objectives.
Despite the lack of specific information regarding the Yakutia family farm grant program in recent search results, it's advised to refer to official Yakutian government resources or agricultural department documents directly pertaining to this program for accurate and detailed information.
Participants who wish to submit an application for family farm grants in Yakutia should ensure that they meet the prerequisites, which include a yearlong residency in Yakutia, verifiable agricultural income, and an initial contribution equaling at least 30% of the project's total cost. The funds can be utilized for various purposes such as land acquisition, construction, modernization, purchasing equipment, machinery, and repaying installments of a preferential loan.
Moreover, the application process for the family farm grants is conducted through the "Electronic Budget" system, and candidates are required to submit a completed application, a detailed business plan, and documents confirming their eligibility, which may include extracts from the Unified State Register of Legal Entities and financial statements.