The Welsh government has launched the Farm Business Grant, a small grants scheme which offers farmers the chance to invest in new machinery and equipment.
The grant is designed to help farmers in Wales improve the economic and environmental performance of their agricultural holdings.
It provides a 40% contribution towards capital investments in equipment and machinery that have been pre-identified as offering clear and quantifiable benefits to farm enterprises.
£40 million funding will be available over 4 years. The minimum grant available is £3,000, and the maximum is £12,000.
Only one application will be approved per business throughout the lifetime of the Scheme.
The proposal is to open three windows in the 2017 -2018 financial year with each open for 2 months. The first window opened on 2 May followed by one in August 2017 and the third in February 2018.
The government has produced a list of about 70 machines or pieces of equipment which are eligible.
The Welsh government has secured a £223 million boost to Wales’ rural communities.
