Thursday, August 22, 2019

£20m to make farming more profitable

November 10, 2011 by  
Filed under News & Business

A £20 million fund aims to help rural businesses increase profits and reduce their impact on the environment.

Farmers, foresters and horticulturalists can apply for up to £25,000 from the Farming and Forestry Improvement scheme to invest in green projects and new machinery so their businesses can grow in an environmentally friendly way.

Eligible projects include those that save energy and reduce carbon emissions, reduce dependence on artificial fertilisers through better use of manures, improve soil quality and improve animal health and welfare.

Projects that help conserve and recycle water and those that promote woodland management by processing timber more efficiently are also eligible for scheme funding.

Farm minister and south-east Cambridgeshire Jim Paice launched the scheme on Thursday (10 November). “Growing our economy goes hand-in-hand with protecting and improving our environment,” he said.

“We want rural businesses to thrive and this new fund will help farmers, foresters and horticulturists to boost their profits and use greener and more efficient ways of working.”

Funds will be allocated between now and December 2013. Grants will cover a maximum of half of the total cost of projects in uplands areas and at most 40% of the total cost of projects in non-upland areas.

The Farming and Forestry Improvement Scheme is part of Defra’s Rural Development Programme for England (RDPE). Applicants will be assessed on their ability to meet one or more of six objectives.

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