The new young farmer grants (Young Farmer Capital Investment Scheme) covers an array of equipment and buildings.
The Scheme opens to applications on the May 28 and closes on September 18.
The farm investment element of the RDP has been highly anticipated by farmers particularly young farmers.
The allocation for the new Targeted Agricultural Modernisation Scheme (TAMS) II has been increased significantly to €395m. See below all areas identified for funding
Summary of eligible items for young farmer grants
Farm nutrient storage – Grant aid will be provided for the construction of farm nutrient storage facilities on farms.
Animal housing – Grant-aid will be provided in order to support the construction of new animal housing on Irish farms. The conversion of existing buildings will not be permitted
Dairy equipment – Under the 2007-2013 RDP, grant-aid was limited to applicants who held a particular quantity of milk quota. Under this new scheme, grant-aid will be extended to farmers who do not hold milk quota at the time of application.
Low emission spreading equipment – In order to encourage the purchase by farmers of this specialised type of equipment, this scheme will not be subject to the overall investment ceiling which will be applicable under the other investment schemes introduced under TAMSII.
Animal Welfare and Farm Safety – This scheme will provide grant-aid for the purchase of a select range of items, including important safety elements such as replacement slats and safety fencing.
Pig and poultry investments in energy, water meters and medicine dispensers – This scheme will provide grant-aid for the upgrading of existing buildings in the two sectors mentioned.
Organic Capital Investment (organic farmers only) – This scheme will provide grant-aid for capital investments across a wide range of areas specifically targeted at the organic sector.
Young Farmer Capital Investment Scheme – This scheme will provide an enhanced grant-rate of 60% in respect of investments by young farmers in the specific areas previously identified. In addition, grant aid support for dairy buildings will be available specifically for qualifying young farmers.
[yes-app] Visit website for indepth detail of eligible items under the scheme[/yes-app]