£22m awarded to farmers to boost productivity

October 30, 2019

More than 3,600 farmers are set to benefit from £22m 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 £15m 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.

 

Farming Minister George Eustice said: “Boosting farm productivity is hugely important, and I’m delighted we’ve been able to fund all applications, supporting farmers to invest in game-changing technology.

 

“As a former farmer, I know that new equipment can provide a real boost, saving businesses time and money while improving yields. When we introduce our landmark Agriculture Bill we will set out further measures to help farmers become more productive, efficient and resilient.”

 

Source: Business Leader

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