The farming investment fund is a £27 million fund that provides grants to farmers & growers so that they can invest in items to improve their productivity and provide a more environmentally sustainable way of farming. The grant is available in two options: The Farming Equipment and Technology Fund and The Farming Transformation Fund.
The Farming Equipment and Technology Fund (FETF) is similar to previous small productivity grants such as CPSG, but the grant has been improved based on feedback. The number of eligible items has increased to 120, with equipment such as Slurry Separators, Robotic Slurry Pusher/Collector, Dribble Bar, Livestock handling facilities, Direct Drills and GPS light bars amongst the list. The minimum grant amount is £2000 with a maximum of £25,000 making it a much more inclusive option this time round. The deadline for application is the 7th January 2022.
The Farming Transformation Fund (FTF) is a fund providing grants towards large capital items, with the aim to improve productivity, profitability, and environmental sustainability. The grant will be released in three rounds: Water Management, Improving Farm Productivity and Adding Value with the minimum grant amount being £35,000 and the maximum £500,000. The first phase ‘Water Management Grant’ includes water storage reservoirs, abstraction pumps and pipework, water meters and boom or trickle irrigators. Applications are open and will close on the 12th January 2022.