Newark: Farming Investment Fund to help productivity
A new grant funding opportunity is available to help improve farm productivity and diversification.
The Farming Investment Fund will provide grants to farmer’s, foresters, growers and related contractors to invest in technology, equipment and infrastructure to benefit the environment and improve profitability.
Grants can be used towards buying pre-determined items on a list and the grants can also towards the purchase of multiple items to improve productivity, manage water resources or add value to agri-food.
Applications will be assessed against the ability to contribute to the transformation fund scheme, such as using water more efficiently and nutrients more effectively.
Julie Wade, of Fisher German, said: “While it may be all too easy to concentrate on the decreasing BPS payments, we are urging farmer’s and landowners to consider new grant funding opportunities.
“Future grant funding presents a fantastic opportunity for businesses looking to improve productivity or diversify and should be utilised as seed capital to help propel businesses through the difficult period that lies ahead and build foundations for future years.”