Vice-President Joice Mujuru's office has availed at least US$10 million to purchase farming inputs for the 2012-2013 farming season.
Speaking at a workshop on land for the Zanu-PF Youth League, Nelmah Holdings managing director Mr Nelson Mahupete said his company had already received the funds.
Nelmah Holdings was contracted to handle the funds and would soon commence distributing them to beneficiaries.
The event was attended by more than 20 delegates, including the party's youth provincial chairmen and representatives of seed and fertiliser manufacturing companies.
"We received at least US$10 million from Vice-President Mujuru and that money will be used to boost farming activities in the country's 10 provinces," said Mr Mahupete.
"At least 20 percent will be channelled to the youths, 10 percent to war veterans, 10 percent to women and 60 percent to members of the Apostolic Christian Council of Zimbabwe (ACCZ).
"The money will be distributed starting at the end of this month. The money is meant to enable farmers to start preparing early for the next crop farming season."
Zanu-PF youth secretary for Lands, Land Reform and Resettlement Cde Anastancia Ndlovu said the funds showed Government was wholly committed to preserving the legacy of the land reform programme.
"The land reform programme seeks to bring finality to the gains of the country's independence," she said.
"Youths, among other age groups, have been empowered through the land. The funds will supplement what the President avails through the annual inputs scheme to ensure food security in the country."
Harare youth provincial chairman Cde Jimu Kunaka hailed the effort and said the money would reduce counterfeit seed products on the market.
"There have been previous reports of inputs being available very late on the market, thereby creating a shortage which affects the land reform programme," he said.
Zanu-PF Midlands provincial youth chairman Cde Edmore Samambwa said seed companies had failed to support youth programmes.