Second round of farm productivity grants announced
In February 2018 a small farm productivity grant scheme was announced. The application window was very short, closing in March of that year, but the grants were attractive with a relatively simple application process which did not involve obtaining multiple quotations. Instead, it followed a standard cost approach where the grant was awarded for very specific items of equipment at 40% of the standard cost irrespective of what was actually paid for the item.
Following the end of that scheme, (and a certain amount of difficulty when some successful applicants discovered that the items which they had applied for could not be delivered within the timescale), it was announced that a further round of funding would be opened in spring 2019. It has indeed been a late spring, but nonetheless on 9 July it was announced that a new pot of £15m had been allocated and applications were invited by 3 September (at midday).
The 2019 scheme is almost identical to the earlier one, being aimed at encouraging farms to invest in a range of technologically advanced machinery which will both raise efficiency and will also help meet broader targets of improving the quality of soil, air, water and animal welfare.