A Boost for the Balearic Countryside Through Financial Support for Young People

The scheme promotes generational turnover in the Balearic farming industry through direct grants

What does it consist of?

To curb the decline of the countryside and prevent rural depopulation, the Balearic Government has earmarked €3 million euros of aid for agricultural modernisation and the recruitment of young farmers. The measure is part of the Rural Development Scheme, implemented across all the islands.

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Data

PROJECT TITLE IN THE CALL
Modernising the agricultural environment
LOCATION
Mallorca, Minorca, Ibiza, Formentera
Entity submitting the PROJECT
Govern de les Illes Balears
Entity that executes the project
Fons de Garantia Agrària i Pesquera de les Illes Balears (FOGAIBA)
Project code
ITS2019-014
Total project amount
3.000.000 €
ITS granted amount
3.000.000 €
Executed amount
2.379.650 €
Call year
2019
Budget implementation status
In execution
Purpose
Environment
Budget execution
Executed: 79.32%
Last updated
24.08.2026

The project

The progressive loss of farming activity in the Balearic countryside is a major challenge faced by rural areas. With just 3.2% of farmers under 35 years of age—lower than the national average, the lack of generational turnover threatens the survival of agriculture, along with the environmental balance in large areas of the archipelago.

In response to this situation, the Balearic Government has launched a scheme to provide financial support for the recruitment of young farmers. The aid covers both initial costs and the structural adaptations to farms, and is geared towards new owners and co-owners, either individually or through partnerships. In Menorca, for example, aid will be granted through Sociedades Rurales Menorquinas (SRM), a rural business association.

This scheme, implemented under Measure 6.1 of the wider 2014–2020 Rural Development Scheme, aims to endorse a business plan that ensures the viability of farming activity in the medium and long term. The aim is not only to boost recruitment, but also to ensure farming activity thrives.

The scheme is set to run until 2025. Beyond economic and demographic benefits, the scheme is expected to help protect the countryside, ensure the conservation of active agricultural soil and create new social dynamics in the area.