“Grants available for farm buildings, machinery or equipment that will add value to crops/ livestock by increasing productivity and improving the environment.” The much anticipated details of the ‘Adding Value’ theme within the Farming Investment Fund have today, been released by the RPA. Grant funding of between £25,000 and £300,000 will be available for up to 40% of eligible funding costs that seek to process, diversify and add value to produce. This includes equipment for:
We are pleased to hear that the RPA have announced that they will be bringing forward 50% of the BPS payment as an advance injection of cash to farm businesses from the end of July. The remaining balance will then be paid from December. It is hoped that this is a permanent change to the way the RPA will pay BPS in the future to help pressures on cashflow in the coming years.