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£30m to be released from Farming Investment Fund

Agriculture
23/06/2022
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Defra has announced details of the Adding Value grant scheme under its Farming Transformation Fund.

The fund will offer grants of between £25,000 and £300,000 (at 40% intervention) to farmers and growers to support their work processing and diversifying to add value to their products.

Eligible applicants for the Adding Value grant must be either:

  • A grower or producer of agricultural or horticultural products or
  • A business processing agricultural or horticultural products, which is at least 50% owned by agricultural or horticultural producers e.g., a cheese processing plant owned by a dairy farmer.

Successful applicants will receive a grant to contribute towards the cost of capital items that will enable them to add value to eligible products after they have been harvested or reared.

Eligible items include:

  • Equipment for preparing or processing edible agricultural products for added value sales;
  • Equipment for ‘second stage’ processing of grain e.g., colour sorting or blending;
  • Equipment for processing non edible products into new products e.g., flax, hemp, wool, hide, skins;
  • Equipment for retailing eligible agricultural products e.g., vending machines, display facilities and
  • Premises for the preparation or processing of added value agricultural products, including associated storage areas.

Second hand items are eligible for the grant provided the supplier confirms that the item:

  • Has not previously been purchased with public funding;
  • It is fit for purpose;
  • Does not cost more than an equivalent new item and
  • It is expected to last more than five years.

Completed applications must be submitted by 31 January 2024.

More information can be found at gov.uk/government/publications/adding-value-grant-for-farmers-to-improve-crops-or-livestock

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