NFU responds to launch of Farming Investment Fund schemes

Published 16 November 2021

Farm business Agricultural Transition Plan

The government has launched its first two schemes aimed at helping the farming industry make productivity improvements – the Farming Equipment and Technology Fund and the Farming Transformation Fund for Water.

Following the launch of the first Farming Investment Fund productivity schemes, NFU Vice President Tom Bradshaw responded by explaining, “The launch of the first productivity schemes is good news for farmers and will play a vital role in helping them invest in their businesses, boost productivity and prepare for the future.

“With more items being made available and the maximum value increasing to £25,000 for the Farming Equipment and Technology Fund, the government has clearly recognised the benefits of investing in efficient food production.

“It’s great to see funding being made available under the Farming Transformation Fund for enabling water storage on farm, which is becoming increasingly important as we experience more frequent events of drought and flooding due to global warming.

“It’s vital that farmers make their applications as quickly as possible and, if accepted, give themselves as much time as possible to make the necessary arrangements.”

“However, the application windows for both schemes are tight and the current disruption to supply chains, as well as the difficulty getting planning permission for building reservoirs, could lead to delays.

“It’s vital that farmers make their applications as quickly as possible and, if accepted, give themselves as much time as possible to make the necessary arrangements.”

Our advisers have provided more detail on the range of new productivity grant schemes under the Farming Investment Fund (FIF) part of the Agricultural Transition Plan (ATP), what is available for grants funding and information about how to apply and the associated deadlines. 

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