Why is establishing a farming enterprise abroad interesting for Danish farmers?   Farmland in Denmark is very expensive to purchase compared to farmland in a number of other European countries. Together with the present difficulties on the financial markets Danish farmers face major difficulties in expanding production at home. Young farmers who wish to establish themselves for the first time find it nearly impossible to raise the necessary capital. Therefore it is becoming more attractive to establish farming enterprises abroad, where there are better possibilities to attain efficiencies of scale in production. The price of farmland is especially attractive in countries in Eastern Europe and there are strong possibilities of becoming active in a market where the expectations of strong growth are high in the coming years. Generally the Eastern European consumer is becoming richer and the demand for food products is expected to increase at a rate unknown in Western Europe. Whether one country is better than another to invest in depends upon many factors and an individual analysis will always be required.   Investment in a farming enterprise in Africa is a new focus area for International Advice. Africa is interesting because support is available for a feasibility study and for initial establishment and start up of production through the Business-to-Business (B2B) Programme of the Danish Ministry of Foreign Affairs when the investment is carried out in cooperation with local partners in Danida partner countries. Many Danish farmers have found this possibility of interest as some African countries offer opportunities for a good investment. In relation to investment in farm enterprises abroad there are several interesting possibilities, similarly there are a number of financial institutions that focus on financing exactly this type of investment project. NOPEF:   Nopef is a fund under the Nordic Council of Ministers with the objective of funding the internationalisation of small and medium Scandinavian companies and project export to countries outside EU and EFTA. It does this by funding pre investment studies. B2B Programme – Danida: The B2B programme shall support the development of the private sector in a number of countries by supporting partnerships between Danish and local companies in a long term and committed relationship. The programme is provided by the Danish Ministry of Foreign Affairs in a number of African, South American and Asian countries. The programme provides subsidy support to feasibility studies, establishment and initiation of production in cooperation with a local partner. Fund for industrialisation of developing countries- IFU: The fund for industrialisation of developing countries provides capital for the industrialisation in selected countries together with Danish companies.The fund can participate as a share holder, loan provider or garanteur. The countries supported shall be on the OECD DAC list of countries receiving donor assistance, and the country GNI (Gross National incomet) per person must not exceed USD 3.084 (2010). The exception to this rule are Botswana, Namibia and South Africa. Export Credit Fund (EKF): The Danish Export Credit Fund is a state owned institution that secures competitive financial conditions for Danish Business on the international market. EKF provides a number of different financial products including export credit guarantees and project financing. Mixed Credits: Danida (Financing) Mixed credits can be used to support Danish supplies to development projects within a large number of sectors including infrastructure, water and sanitation, energy, health, environment and education. A mixed credit consists of a normal export credit plus an interest subsidy. The interest subsidy is provided in Denmark by Danida. Own capital /Private funding (Financing): International Advice has considerable experience in securing financing for international agriculture sector projects and are in continual dialogue with professional investors and investment funds and companies that are interested in investing in agricultural projects.