A start-up grant ensures income for an aspiring entrepreneur during the estimated time taken to launch and establish a full-time business, however for a maximum of 12 months.
If you have a preliminary interest in starting a new business and obtaining a start-up grant, book an appointment with the Employment and Economic Development Office, which will decide on whether you are eligible for such a grant.
Eligibility for the grant in includes the following: entrepreneur experience or training, potential for profitable operations, demonstrable need in terms of the new entrepreneur’s income and that the business has not been started prior to the decision on granting the aid.
Support for young farmers
The start-up support is available to full-time and professional farmers who are under 40 years of age and are starting up their first farm. Whether or not the applicant can already be considered to be an agricultural entrepreneur based on his/her prior operations is essential for the support decision. The farmer must live within a sufficient distance of the farm to take care of it with proper consideration to regulations concerning the environment, hygiene and animal welfare.
The start-up support can also be granted to farmers who are renting a farm. Young farmers who are planning part-time farming activities may also obtain the support, if certain requirements are met.
The operations to be supported must meet the financial viability requirements and significantly impact upon the entrepreneur’s livelihood.
must meet the financial viability requirements and significantly impact upon the entrepreneur’s livelihood.