Supports: Operating funds to purchase facilities and equipment necessary to produce livestock and process and distribute livestock goods, management system for subsidiary companies, feed and breeding expenses
Targets: Systematization businesses of chicken, duck and goat
Conditions
Facility Fund: Annual interest rate 2 - 3%, 3-year holding, 7-year repayment (Within 70% of total project cost) ․ Systematized breeding facilities, processing facilities (meat processing factory, etc.), distribution and sales facilities * Agricultural corporation, etc. 2%, NH, National Livestock Cooperatives Federation and general enterprises 3%
Systematization Breeding Costs (Operating Fund): Annual interest rate 2 - 3%, repayment within 2 years (Within 50% of total project cost) ․ Breeding animal purchasing cost, feed cost, drugs cost, consigned breeding commissions, etc. * Agricultural corporations, etc. 2%, NH, National Livestock Cooperatives Federation and general enterprises 3%
Incentive Fund (Operating Fund): Annual interest rate 0 - 1%, repay within 2 years
Support System
Draft business plan (applicant) → Cities and counties in the jurisdiction → Cities and provinces (Review of qualification and requirements, etc.) → MAFRA (Revision of application validity and requirements, etc., consideration of application and scope, and allocation of budget)
Related Projects and Applicable Law
Applicable Law: Article 3 of Livestock Industry Act (Policies for Development of Livestock Farming Industry should be promoted)