Defra has launched its new Farming Investment Fund (FIF) which provides grants for equipment to improve productivity in the farming sector. The £27 million fund provides grants to farmers, growers, and foresters (including related contractors) so that they can invest in the things they need to improve productivity and enhance the natural environment.
FIF is made up of 2 separate funds:
Farming Equipment and Technology Fund (for grants between £2,000 and £25,000)
This fund provides grants towards the cost of equipment and technology to improve the productivity of farms in a sustainable way.
Farming businesses and organisations can select from the list of approved items that they can purchase with their grant.
Farming Transformation Fund (for grants between £35,000 and £500,000)
This fund provides grants towards large capital items to help businesses improve productivity, profitability, and environmental sustainability. They are:
- Water Management
- Improving Farm Productivity
- Adding Value
Focus of fund/fund aims:
Grants for farmers, foresters and growers to buy new equipment and infrastructure to help to improve efficiency and environmental sustainability
Application deadline:
Refer to the website for the next deadlines