What's Happening?
Futuristic Farm, an agribusiness based in Tavua, has been awarded the Youth Entrepreneur of the Year by the Fiji Development Bank. Led by Balbir Singh, the farm operates a nursery capable of growing up to one million seedlings and runs 30 commercial nurseries. Singh emphasizes the potential of agriculture for young people, encouraging them to consider it as a viable career path. Despite challenges such as cyclones and droughts, the farm continues to supply seedlings to the Ministry of Forestry. The Fiji Development Bank supports initiatives like Singh's, aiming to foster inclusive and sustainable economic growth.
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Why It's Important?
The recognition of Futuristic Farm highlights the growing importance of agriculture as a career option for youth, offering opportunities beyond traditional sectors. This award underscores the role of agribusiness in driving food security and climate-smart ventures, contributing to a more sustainable economy. By supporting youth-led initiatives, institutions like the Fiji Development Bank are fostering innovation and resilience in the agricultural sector, which is crucial for economic diversification and sustainability.
