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NFUS Launches Joint Venture Hub

Initiative aimed at those with interest in share and contract farming and tenancies

A new hub is to be launched at AgriScot next week to allow farmers to set up a connection to go into business with one another.

NFU Scotland will launch its Joint Venture Hub – a platform allowing farmers to collaborate and open up opportunities for their businesses – at the event on Wednesday 21 November.

The Union has been working with partners to create the Hub, including Johnston Carmichael, Gillespie Macandrew, Brodies LLP, Shepherd and Wedderburn, Savills and SAC Consulting. Members of NFU Scotland will be able to access specially negotiated arrangements with the partners firms of the Hub.

Andrew McCornick, NFU Scotland President commented: “This Hub is recognition of the need for a service to aid options for use of land, not only for the next generation but also for those looking to step back from day to day duties on the farm.

“There is a generation of enthusiastic and talented young people who feel like they cannot get a foothold in agriculture thanks to the soaring price of land and a lack of land availability. At the same time, a huge number of farm owners are approaching retirement with no clear successor to run the operational side of their business, leaving them with the feeling they have no choice but to divide up and sell off the farm they have spent decades, even generations, building up.

“NFU Scotland believes the options available within the Joint Venture Hub allows individuals to identify what will work for them and with the specialist help of consultants, accountants and lawyers, this process is made easier and will allow them to explore different opportunities to see farming businesses thrive.”

The Joint Venture Hub provides information on share farming, contract farming and tenancies, case studies and a map service where individuals can register to offer an opportunity or to advertise themselves when looking for an opportunity.  

The Joint Venture Hub is available via www.nfus.org.uk which details current opportunities, a guide to share farming, case studies and a comparison document with other joint venture models.

Notes to Editors

  • Those interested in hearing further information about the Joint Venture Hub are invited to come along to a seminar from 10am to 10.30am in the upper foyer at AgriScot on Wednesday 21 November.
  • Members of the press at invited to attend for a photocall at 10am for the launch. Photographs will be available afterwards by emailing media@nfus.org.uk.


Ends

Contact Ruth McClean on 0131 472 4108


Author: Ruth McClean

Date Published:

News Article No.: 154/18


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About The Author

Ruth McClean

Having worked in the communications and journalism industry for the last 11 years, NFU Scotland’s Communications Manager Ruth McClean understands the needs of journalists and has extensive knowledge of the wider agricultural industry. After growing up in Argyll and Bute and working in the area as a reporter for local newspapers for eight years, Ruth joined NFU Scotland in 2013 in her current role. She is also Editor of the Union’s membership magazine the Scottish Farming Leader.

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