The Government’s Farming Investment Fund and How It Affects You!
The government has recently released a new Farming Investment Fund for ‘improving farm productivity’. This is the latest part of the government’s action plan to upgrade the farming industry, with expected tech including:
- Driverless vehicles
- Harvesting/spraying robots
- Automated milking systems.
As a whole, the Farming Investment Fund contains £25 million up for grants. The range of funding is expansive, from £35,000 going up to £500,000.
Criteria & how to apply
The government’s main criteria for these grants are:
- Sustainability
- Fighting climate change
- Working towards net-zero in production
- Reducing greenhouse emissions.
You can apply if you:
- Are a farming or agricultural contracting business registered in England
- Will do the grant-funded work in England
- Estimate the project costs are over £87,500.
You can only use the grant if you’re focused on purchasing robotics and innovation equipment.
You can check if you’re eligible for the Farming Investment Fund here.
As well, funding is available for upgrading slurry management systems, due to the acid content in slurry harming plant life.
The application window is open until the 16th of March.
Need help with writing your application? Get in touch for a free quote.
Why has the funding become available?
All of these funds are part of the government’s plan to reach net-zero in greenhouse emissions by the year 2050. The farming industry will play a pivotal role in beating back climate change.
Related to this, there’s been a £124 million boost to the ‘Nature for Climate’ Fund. This fund aims to restore 280,000 hectares of peat. The government also wishes to treble woodland creation in England.
Summary
So now you know what’s required for the Farming Investment Fund. Here are some important points:
- £35,000 to £500,000 in funding range
- £25 million in total
- The application window closes on the 16th of March.
- You can only apply if your work is focused on ‘agricultural’ robotics or farming innovation
To be eligible, you need to
- Be a farming or agricultural contracting business registered in England
- Ensure the grant-funded work is done in England
- Estimate the project costs are over £87,500.
There are plenty more business grant opportunities available from the government. If you don’t have the capabilities in house to write a response, we can help…
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