Farming Equipment and Technology Fund (FETF) - The Farming Investment Fund (FIF)
The Farming Investment Fund is one part of the FETF that offers smaller grants for farmers and contractors looking to purchase equipment to improve productivity and bring environmental benefits.
This year, the grant has been split into two different themes: Productivity & Slurry items and Animal Health & Welfare items. Each theme has a minimum grant of £1000 and a maximum of £25,000. Applicants are able to apply for both or either of the themes, depending on the items that best suit your business.
The items included within the fund have been allocated a set grant amount that will be paid as a contribution towards the total cost of the item. Items have a minimum specification to be met and regardless of how much you pay for an item, you will only receive the grant amount listed. The grant is competitive, with each item being allocated a score. Average scores will be worked out per application with those with higher averages being prioritised for the funding.
If you were successful in Round 1 of this fund, you can still receive up to the maximum £25,000 per theme. All items to be included within the grant funding agreement must be purchased and installed before payments can be claimed in arrears. Applicants will have roughly 6 months to buy and install their funded equipment once the agreements have been put in place.
Applications for the Productivity and Slurry theme are open from the 21st February to midday on the 4th April.
Applications for the Animal Health and Welfare theme are expected to open in March.
If you are interested in the Farming Investment Fund and would like more detail or help with submitting an application, please contact Rebecca at rebecca@jaagriculture.co.uk.