Young Saskatchewan farmers and ranchers stand to benefit from a recent federal and provincial announcement that includes increased funding for farm-related consulting services and training, as well as $50,000 in new funding for the Saskatchewan Young Ag-Entrepreneurs (SYA).
Farmers and ranchers under the age of 40 will now be eligible to receive up to 90 per cent (an increase from 75 per cent) of the costs for business consulting services, farm-related education and training programs through the Farm Business Development Initiative (FBDI). The purpose of the FBDI is to help farmers acquire information and skills to enhance their profitability and achieve business goals. The maximum FBDI benefit for young farmers and ranchers is also increasing from $4,000 to $10,000 per applicant. The $50,000 in new funding for the SYA will be used to develop, host and maintain a website that provides new and existing resources for young farmers and ranchers. The website will be an online community for young producers to find information and services to help improve their businesses.
“Networking and training opportunities, promoting agriculture and providing relevant and useful information to young producers are priorities for our organization,” SYA Chair Rodney Voldeng said. “This funding to develop a website will help us accomplish these goals and will result in a valuable online tool for young farmers.”
Funding for the FBDI and the SYA is being provided under the federal-provincial Growing Forward framework.