Grant support for farmers' net zero aims
The much anticipated Improving Farm Productivity grant – part of the Farming Investment Fund – is now open to farmers, foresters and growers in England, as well as agricultural contractors.
To be successful, projects are required to aim to reduce environmental impacts and boost productivity using innovative equipment, technology and infrastructure.
A total of £25 million is available under this first round, with the minimum grant on offer set at £35,000 (meaning a minimum total project cost of £87,500) and the maximum capped at £500,000 per applicant.
This scheme is part of the government’s Agricultural Transition Plan and will therefore aim to fund priority projects supporting the farming sector to achieve its net zero objectives. Any projects using renewable energy will have a competitive advantage over projects using fossil fuel.
The first stage of the application process closes on March 16. Should you be interested in applying the Strutt & Parker team is here to help farms and landowners navigate the application process.
Dan Matthews, Farming Department, Strutt & Parker
