DA to develop agri-related entrepreneurship program for youth
The Department of Agriculture (DA) and the Agricultural Training Institute (ATI) said they are developing a Youth Agri-Entrepreneurship Program, which aims to encourage the Filipino youth to venture into agriculture.
Agriculture Secretary William Dar said the DA, through ATI, will allocate funds to support young farmers to develop their own agricultural enterprise.
Qualified proposals from young college degree holders may be awarded a start-up capital loan of P300,000 to P500,000, payable in five years with zero-interest.
To address the ageing population of Filipino farmers and assure a strong labor force for the agri-fishery sector in the coming years, DA is coming up with initiatives to motivate and encourage the young Filipinos to take interest in agricultural activities.
The Secretary urged the local leaders to make agriculture more profitable, adding that the youth will not be encouraged to go into the business of food production if they do not see its economic benefits.
He added that the younger generations will be more motivated to join the sector if they see advancements in technology and farm applications.
“We need to elevate our game,” he said