More than 3,600 farmers are set to benefit from £22 mln in productivity-boosting equipment from round two of the government’s Countryside Productivity Small Grants scheme. Under the scheme, farmers can apply for grants of between £3,000 and £12,000 to invest in new and innovative equipment – from livestock monitoring cameras to precision farming technology – which help businesses save time and money and improve productivity.
Farming Minister George Eustice confirmed today that all eligible applications have been approved as part of round two of the successful scheme, with the Rural Payments Agency writing to the 3,677 successful applicants from today.
The first round of funding opened in 2018, with £15 mln spent to support farmers investing in technology to boost their productivity. Today’s announcement means that £37m has been allocated to farmers in the scheme’s first two funding rounds, with a third and final funding round to open in autumn 2020.
Source: businessleader.co.uk