A necessary boost for the Madrid countryside
The Community of Madrid has taken a significant step towards revitalising the primary sector with the announcement of new grants aimed at facilitating the entry of young farmers and ranchers. The regional president, Isabel Díaz Ayuso, has detailed a plan that not only seeks to ensure the profitability of the countryside but also to guarantee generational renewal in a vital activity for the local economy.
The aid programme is divided into two lines, each adapted to different age groups. For young people aged between 18 and 40 years, 2.5 million euros will be allocated, while those aged between 40 and 60 will have a total of 500,000 euros. This latter figure represents a significant increase compared to the previous year, reflecting the regional government's commitment to supporting this demographic.
Young entrepreneurs can receive up to 30,000 euros per beneficiary, an amount that can increase by an additional 10,000 euros, depending on factors such as the incorporation of livestock or the implementation of sustainable agricultural practices. For their part, older applicants can access grants of up to 40,000 euros per person, provided they meet certain requirements, such as being registered in agricultural activities and having the appropriate training.
Each application must include a business plan, the compliance of which will be evaluated within a maximum period of 18 months. This measure aims to ensure that the funded projects are viable and sustainable in the long term, thus contributing to the development of the agricultural and livestock sector in Madrid.
Applications will be open until early May: the 7th for young people and the 4th for older applicants. Interested parties must process their applications through the institutional website, thereby facilitating access to this important aid.
These aids are co-financed by several administrations: the regional government contributes more than 50% of the total, while the European Agricultural Fund for Rural Development (EAFRD) contributes 23%, complemented by 17.5% from the General State Administration. This collaborative approach is essential to address the structural challenges facing the agricultural sector in Madrid.
Through this initiative, the Madrid government seeks not only to attract new professionals to the countryside but also to tackle the progressive ageing of the agricultural and livestock sector. With these measures, it is hoped to promote greater profitability and generational continuity in an essential activity for the community.
You may also like
