CEBU CITY, Cebu (PIA) -- From starting with 75 heads of lettuce to kick off his micro hydroponics venture in 2018, a 29-year-old man from northern Cebu turned it around; today, he has grown more than 4,000 heads and attributed the success of his hydroponics and aquaponics businesses to the Young Farmers Challenge (YFC) program of the Department of Agriculture (DA) 7.
Harold Olimba, a Mechanical Engineering graduate, used to be a regular employee of a construction company, but later realized that his interest lies in agriculture.
He left his job and followed his passion, never regretting his decision to embark on agri-business.
“Katong nag work pa ko, ang akoang income in a month, nakuha ra nako sa agriculture in 2-4 days. Mas maayo gani, nga samtang bata pa kamo, proceed mo into agriculture kay dako kayo sya’g demand,” Olimba said.
(When I was still working, my income in a month only took two to four days to earn in agriculture. It’s better if you are still young, you proceed to agriculture because it has a huge demand.)
YFC program
Olimba is one of the beneficiaries of the YFC program that DA implemented in 2021 to encourage the youth to engage in activities related to agriculture, agri-business, and agri-entrepreneurship as agents and partners for sustainable development.
According to Dr. Lorelei Acha, DA7 chief of the Agribusiness and Marketing Assistance Division, the program is a competitive financial grant for the youth who want to engage in new agri-fishery enterprises, either in production, processing, or digital agriculture.
“The grant can also serve as a start-up capital or to expand for planned agri-fishery enterprise, either as an individual or as a group-managed venture,” added Acha.
Interested youths from 18 to 30 years old with proposed agri-fishery business concepts, and enterprises with profitability potential are urged to apply to any of the four components of the program, namely: YFC Start-Up, YFC Upscale, YFC Intercollegiate, and Business Development Assistance.
The financial grant differs per component.