£40m small grant scheme for farmers in Wales
Published January 17th, 2017
A £40 million scheme has been launched to help farmers in Wales reduce their carbon emissions and improve their resilience and competitiveness, including through diversification.
The small capital grants scheme is being part-funded from the Welsh Government’s Rural Development Programme. It will distribute financial support of up to £12,000 at a 40 per cent grant rate over a four-year period.
Farmers across Wales will be able to invest in around 80 items linked to: animal health, genetics and performance; crop management; energy efficiency; resource efficiency and information technology.
The Welsh Government has worked with farming unions and other partners to develop a list of capital items with standardised specifications and costs. The proposed items offer applicants the opportunity to achieve a step-change in their business performance.
Cabinet Secretary for Environment and Rural Affairs, Lesley Griffiths, said: “We see this money very much as an investment in our farmers which will benefit Wales as a whole. It will enable our farmers to operate in a more efficient and environmentally-friendly way and make their businesses more competitive.”
Welcoming the new grant, surveyor Vicky Price of Berrys said that the funding would encourage investment on farms at a time when many farmers are strapped for cash.
The first application window is expected to open from April 2017.
For further details view the Welsh Government website or contact Vicky Price at Berrys on 01544 598084 or email: firstname.lastname@example.org