DEFRA has today announced the opening of the Farming Investment Fund, Rural Partner Chris Powell has reviewed what is on offer to farmers and landowners.
The scheme is broken down into 2 parts:
1. The Farming Equipment and Technology Fund (£2,000-£25,000).
Similar to the Countryside Productivity Small Grant Scheme, The FETF has over 120 items available in this round ranging from precision slurry equipment, calving and heat detectors, direct drills and Frost Fans for Vineyards. The minimum grant level has been reduced to £2,000 which should make the grant accessible to a wider number of applicants.
The deadline for applications is 7 January 2022.
2. The Farming Transformation Fund (£35,000-£500,000).
This is the second part of the scheme with Water Management being the first priority to be launched, with adding value and improving farm productivity due to be launched shortly. The FTF is currently open for water resource management and is looking to help with irrigation of crops and water management on farm including reservoirs.
The deadline for applications is 12 January 2022.
To discuss the various funding schemes and ascertain what grants may be available for your business, please contact our knowledgeable grants team:
Chris Powell, Devizes 01380 710535
Robyn Harper, Sturminster Newton 01258 472244
George Whittaker, Dorchester 01305 236578
Lucy Carnell, Yeovil 01935 382901
Phoebe Chatten, Sherborne 01935 814488
Morgan Clement, Wimborne 01202 882103