To start a successful agricultural business

Agriculture has many favorable conditions for developing startup ideas.

The agricultural sector is considered a land of great potential, therefore, many people have chosen to take advantage of local resources to start a business. Although the challenges that those who have been and are starting a business in agriculture are not few, in addition to courage and passion, entrepreneurs are required to have a plan and long-term development solutions.

Lots of room for startups

According to the functional sector, the scientific and technological movement, especially scientific and technological movement in agriculture, is one of the factors that helps promote the development of the agricultural sector.

From the advantage of agricultural development, agricultural products are very diverse and abundant. If we grasp the favorable and available conditions, the ability of KN in agriculture will be more successful. In recent times, models of urban agriculture, high-tech agriculture, circular agriculture, organic agriculture, agricultural tourism ... have continuously developed and been replicated.

Associate Professor, Dr. Vo Thanh Danh - School of Economics - Can Tho University, said: One of the fields that can be most easily innovated in the Mekong Delta is agriculture. The Mekong Delta has a better innovation environment than many other places. Because there are always new things, many products. Don't think that innovative innovation is too great, but it can be successful from ordinary materials if you know how to take advantage of them and have creative ideas.

Innovation cannot be without technology and in the context of the 4.0 industrial revolution, the problem of accessing technology has become easier. Besides, the demand for clean agricultural products and safe food for health is increasing. These are favorable conditions and opportunities to come up with KN ideas in agriculture.

According to Mr. Nguyen Van Liem - Deputy Director of the Department of Agriculture and Rural Development of the province, agriculture is a fertile land for developing KN ideas. Accordingly, many KN ideas and projects have focused on promoting high-tech production and applying organic production.

The locality has many high-tech agricultural models with high economic efficiency such as growing melons in greenhouses, growing hydroponic vegetables, growing mushrooms... with thorough investment from planting to packaging and consumption. The locality also supports cooperatives and farmers to participate in making OCOP products, contributing to building the brand of local agricultural products.

It can be seen that, in recent times, many young people have chosen the direction of science and technology in agriculture, boldly investing in new models, applying modern technology, improving production efficiency, thereby contributing to the transformation of economic structure and labor structure in rural areas.

Accordingly, to promote and encourage young people to start their own businesses and develop their full potential, the Government has issued many important strategies and policies such as the national youth business program, the youth business support program for the period 2022-2030, and localities also have activities to support young people.

Be bold and persistent on the path you have chosen.

However, despite many advantages and opportunities, according to economic experts, individuals and businesses choosing the path of science and technology in the agricultural sector still face many difficulties and challenges.

Making a product is difficult, selling the product is even more difficult. Being able to sell products in the current fierce competition is a real challenge for entrepreneurs.

According to experts, to be successful in agriculture, young people need to be bold, persistent in their chosen path, and accept that success will come more slowly than in other fields.

At the same time, to promote the KN movement and motivate young people to return to agriculture, first of all, it is necessary to develop training programs at key agricultural universities to train, raise awareness, and build successful models for potential students and rural youth.

Agriculture has many favorable conditions for developing startup ideas.

In addition, it is necessary to build and perfect the legal framework, policies, regulations on the establishment and operation of the system of innovative business incubation centers, capital funding policies and financial incentives, creating a mechanism to mobilize capital for the establishment and operation of these centers. At the same time, it is necessary to link agricultural science and technology with national target programs: building new rural areas; OCOP, vocational training for rural workers, etc.

According to Associate Professor, Dr. Vo Thanh Danh, when choosing a KN in agriculture, the KN must have knowledge related to management, the agricultural market, especially chain management, and market research skills. It is important to put the quality of agricultural products first.

“For agriculture to survive and develop, it is necessary to have passion and determination. In addition, agriculture enterprises need to think long-term when they need to know where to sell their products, how to have competitive prices and must master technology and production processes, only then can they stand firm in the market” - Associate Professor, Dr. Vo Thanh Danh shared.

According to Associate Professor, Dr. Vo Thanh Danh, there are two main groups of people who can participate in the agricultural science and technology to succeed. The first is young people and students because they are "passionate", have connections with the school, and when facing difficulties, they can ask for support from the school and local authorities. Currently, there are also many programs to support agricultural science and technology right from universities, especially in the agricultural field. From there, it helps new graduates to be confident in agricultural science and technology, grasp the information that has been provided and form centers to support agricultural science and technology students. The second is businesses with good creative ideas. Many large businesses and corporations have also shifted their investment to agriculture because they see the market and great potential of this industry. They not only invest in the production process but also in processing, production technology, and investment in raw material areas.

Article and photos: TRA MY

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