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With inflation on the rise, along with Brexit impacting international trade, the farming industry will be glad for any additional support.<\/p>\n
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Therefore, it comes as good news that the long-awaited Farming Transformation Fund Adding Value Grant is now open for applications.<\/p>\n
What is the grant? <\/strong><\/p>\n As part of the wider Farming Transformation Fund, the Adding Value Grant is open to growers or producers of agricultural or horticultural produce.<\/p>\n The main aim of the funding is to assist producers in adding value to agricultural products after they have been harvested or reared.<\/p>\n Eligible farmers can apply for a grant amounting to between \u00a325,000 to \u00a3300,000.<\/p>\n Who is eligible? <\/strong><\/p>\n According to the Government, growers or producers of the following agricultural products can apply for a grant:<\/p>\n The grant is also available to businesses that process the above produce, providing that at least 50 per cent of the business is owned by producers.<\/p>\n How could you use the grant? <\/strong><\/p>\n The Adding Value grant can be used to pay for capital items, including machinery, equipment or buildings that will add value to the process.<\/p>\n Such projects could include processing agricultural products into new products or adding value to the existing products (including packaging, sorting, grading, etc).<\/p>\n The projects could also focus on generating wider benefits for the environment or promote new collaborations of partnerships.<\/p>\n Make note that this is a competitive grant, and the Rural Payments Agency (RPA) will prioritise projects that meet a range of the funding aims. So, you are advised to apply as soon as possible.<\/p>\n Applications for the funding will close on 21 July 2022.<\/p>\n Need advice securing grants and funding? Contact our experts today. \u00a0<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"\n