Farm business grants available in Wales

Posted by LindaStenner on January 12, 2018

Farm business grants available in Wales

January 12, 2018 at 10:40 AM

Farmers in Wales are being offered the chance to apply for Farm Business Grants (FBG) to help improve the economic and environmental performance of their agricultural holdings.

The grant provides a 40 per cent contribution towards capital investments in equipment and machinery that have been pre-identified as offering clear and measurable benefits to farm enterprises.

“Available over four years, the £40 million funding pot offers grants from a minimum of £3,000 up to a maximum £12,000,” said Kathryn Williams a chartered surveyor with Davis Meade Property Consultants at Oswestry.

Administration of the FBG will be transferring to Rural Payments Wales (RPW) for the third round, opening in January 2018, and future rounds of the scheme:

  • farmers will be able to apply in the third round of the scheme through RPW online portal.
  • Scheme Management Unit (SMU) will continue to administer the claims and approvals process for the first and second round only.

The capital items available through the scheme cover the following five themes: Animal Health, Performance and Genetics, Crop Management,  Resource Efficiency,  Energy Efficiency and ICT  and are specified with standardised costs.  

The scheme is discretionary with the amount of grant offered relating to individual circumstances and will always be the minimum amount necessary to allow the investments to go ahead.

Farms may apply in more than one application round but only one grant award will be allowed per farm under this scheme.

All businesses applying for the Farm Business Grant will be required to register their business with Farming Connect in advance of applying and eligibility for the Farm Business Grant requires a partner in the business to attend a ‘Farming for the Future’ event organised by Farming Connect. The individual attending must be registered as a business partner with Farming Connect and Welsh Government Rural Payment Wales.

The business must have a minimum of three hectares of agricultural land, or be able to demonstrate 550 standard labour hours, which will be determined at registration with Farming Connect. Businesses with a total turnover exceeding £1m are not eligible the grant.

Arable, beef, dairy, goats, horticulture, pigs, poultry, sheep and apiculture are eligible for support but equine (including grazing horses) and forestry (including woodland-only owners) are NOT eligible for support under FBG.

Farmers can begin applying, through RPW Online, from  January 29, 2018.

Scheme information will be available from January 2018, on the Welsh Government website.

For further advice contact Kathryn Williams at DMPC  on tel: 07971 583638 or email:  kathrynwilliams@dmpcuk.com

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