Rural economy grant welcomed by farm associations
The Rural Grants Scheme, launched today by Defra Secretary Caroline Spelman, is part of a ’100million investment in the Rural Development Programme for England.
Farmers can apply for grants of between ’25,000 and around ’1million to help secure the transformation of their businesses. Successful applicants will receive up to 40 per cent of the cost of projects in the five business areas of farm competiveness, agri-food, tourism, forestry, and micro enterprise support.
NFU Vice President Adam Quinney said: ’The scheme is good news for the farming industry. Defra wants the capital grants to support projects that will be a ’game-changer’ in transforming farm businesses and we share this ambition of wanting the fund to bring about real change. It must be used to facilitate investment in projects that will bring lasting benefits, and prepare businesses for the future.
’We also welcome the fact that farmers and growers will have the opportunity to demonstrate to Defra that their project offers the value for money.
’Farmers already have the vision and innovation needed; often what has held them back from developing their businesses is the finance.
’The administration of the scheme needs to be clear and straightforward for the maximum number of farmers to be able to claim.
’We will need to see the banks showing a similar level of confidence in the selected projects, so that farmers have access to the match funds required on the right terms.’
No comments posted yet. Be the first to post a comment
Please enter your name
Please enter your comment
Your comment submitted successfully.Please wait for admin approval.
Some error on your process.Please try one more time.
Butchers in the UK are losing a generation through lack of training opportu...
NASA research has revealed how dust blown from the Sahara desert helps supp...
“In the run up to the Budget 2015 most commentators were predicting that th...
The UK’s first fully operational floating solar panel system has been unvei...
Axing the badger cull in England and Wales will save more than £120 million...
By 2025, solar power could become one of the cheapest forms of energy in ma...
Demand for Scottish farm land remains strong and continues to be better val...
The Welsh red meat industry should aim to increase sales by at least 34 per...
Fears about the impact that a proposed transatlantic trade agreement could ...