Need capital to help as you start farming?
We can help improve the viability of new farm operations in Nova Scotia.
FarmNEXT encourages new farmers to begin farming in Nova Scotia. If you’re ready to start farming, the Nova Scotia Department of Agriculture is ready to help you.
FarmNEXT provides program funds linked to Nova Scotia Farm Loan Board loans for start up and succession projects.
| Start Up | Succession |
|---|---|
| Up to $30,000 in benefits to be assigned to your loan Funding based on four years of interest costs (see program details) |
Up to $20,000 in benefits to be assigned to your loan Funding based on two years of interest costs (see program details) |
Beginning farmers will receive coaching in business planning and ongoing farm financial management advice from specialists of Industry Development and Business Services Branch of the Department of Agriculture.
THINKFARM provides resource materials and ongoing guidance to beginning farmers at www.gov.ns.ca/thinkfarm/
For both categories:
- Loans to acquire real or personal property
- Loan amortization 5-30 years
- Funds are made available within the year of the loan
Program applications are available in Acrobat Reader [pdf] format:
Download all documents: checklist, guidelines, application form and agreement
OR
separate documents in Microsoft Word [doc] format:
- checklist
- guidelines
- application form
- agreement
Eligible loans will be granted after April 1, 2012
