Young Farmer Business Project: supporting next-gen agribusiness owners

SUBSCRIBE to our fortnightly e-newsletter to receive more stories like this. Young Farmer Business Project Officer James Leigo.

The Young Farmer Business Project (YFBP) is a joint initiative of New South Wales Department of Primary Industries (DPI) and NSW Farmers

A year-long YFBP Working Group was established to focus on advancing issues specific to young people in agriculture as an outcome of a ministerial roundtable held in December 2015.

The aim was to help those entering the ag industry surmount the challenges of forging a successful agricultural careers and mastering essential agribusiness skills, by:

  • providing knowledge and skills to improve participants’ social and business resilience, manage risk, execute effective plans and make decisions that ensure viability of agricultural business.
  • affording access to new business ideas, tools and techniques.
  • providing support and access to an array of products and services within the agricultural business sector; and
  • connecting young farmers with “opportunities that enable them to establish and/or expand their agricultural business”.

In its first year, YFBP attracted 1,500 participants who made 110 links with agribusiness organisations, and compiled several farmer case studies and videos. 

Check out this 2016 video in which James Leigo, DPI’s Young Farmer Project Officer, talks about the Project.

What does YFBP offer?

By joining YFBP, you’ll get free access to business and professional skills training at entry, emerging and experienced levels, including;

  • financial and business management;
  • risk management;
  • farm planning;
  • succession planning;
  • leadership;
  • start-up incubators; and
  • drought preparedness.

The YFBP website gives you access to a bunch of useful information and contacts.

Here, you’ll find ‘insider’ agribusiness tips, tools and techniques as well as valuable industry information and contacts.

You can learn from fellow farmers who’ve faced similar challenges through the Project’s digital library of case studies; download finance-related templates and sample business plans, avail yourself of the 'ask an expert' service, and join in 'chat bars’ and online forums supporting agribusiness ideas and growth.

YFBP also helps organise, host and gives its members access to industry networking and educational events across regional New South Wales, including a series of free, hands-on ‘Getting Started- Bank Ready’ workshops.

Share knowledge, discuss issues, exchange ideas and keep abreast of industry developments via YFBP’s various social media channels: Facebook, Twitter and Instagram.

YFBP participants have their 10c worth

For Claire and Brendon Booth, the Young Farmer Business Project was an invaluable source of assistance when it came to agribusiness planning.

Livestock and mixed-cropping farmer Tim Carroll drew on the resources of YFBP when he was expanding his farming enterprise; here, he talks about his experience and shares a few tips he gleaned through the program.

More information

For further information about the Project, visit the YFBP website or phone James Leigo, DPI’s Young Farmer Business Project Officer, on 0419 110 714.

For details on upcoming workshops, contact Mia Mackay on mia.mackay@dpi.nsw.gov.au or Camille Coleman on colemanc@nswfarmers.org.au.

SUBSCRIBE to our fortnightly e-newsletter to receive more stories like this. 

Comments

Error | AgInnovators

Error

The website encountered an unexpected error. Please try again later.