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Young people increasingly favoring green agriculture business start-ups

by Annamaria Capparelli

Hurray for Italy's youth: Italian agriculture is steering towards green production and favoring entrepreneurs under 35. The process is already well advanced and will lead – according to a survey conducted by Coldiretti – to the creation of 20,000 new 'young' start-ups by 2020, on top of the current 50,000, which have already 'outmatched' companies run by over-60-year-olds in terms of average turnover (+75%), number of employees (+50%) and innovation.

The rural development plans will likely boost turnover: youth-focused measures provide for up to €70,000 in non-refundable start-up grants and investment allowances up to 60% of expenditure. Young people's entrepreneurial initiative is expressed across the board, though agriculture ranks high on the list of favorite sectors.

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Fonte: Italy24

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