In a recent announcement by the UK Government, farmers and rural businesses have reason to celebrate as the Environment Secretary, Steve Barclay, unveiled a comprehensive plan to support innovation and productivity in the agricultural sector. NFU Energy is thrilled to share the latest developments, particularly the availability of capital grants for the acquisition of cutting-edge robotic and automatic equipment, as well as solar installations on rooftops and irrigation reservoirs.
Steve Barclay, in his keynote speech at the Country Land and Business Association conference on 30 November, declared a £45 million fund for farming innovation. This funding will play a crucial role in advancing agricultural practices, fostering innovation, and boosting productivity in the industry.
A significant portion of the announced funding will be accessible through the second phase of the Improving Farm Productivity Grant. This grant, administered by the Rural Payments Agency, offers financial support ranging from £25,000 to £500,000. It is designed to facilitate the acquisition of robotic and automatic equipment, providing farmers with the tools they need to enhance efficiency on their farms. Additionally, the grant includes funding opportunities between £15,000 and £100,000 specifically earmarked for solar equipment installation on rooftops and irrigation reservoirs. This strategic move aims to strengthen energy resilience and promote renewable energy generation in the agricultural sector.
Farmers, horticulturalists, and agents acting on behalf of businesses interested in applying for the Improving Farm Productivity Grant Round 2 should refer to the official guidance published by the Rural Payments Agency on 12 December 2023. The 2-stage application process details, including the online checker, are set to open in January 2024. Interested parties are encouraged to review the eligibility criteria and prepare the necessary documentation for a successful application.
Applications are now open! Find out how to apply or simply start your your application.
NFU Energy’s Renewable Energy Solution
NFU Energy stands alongside the farming community in celebrating this significant investment. We urge farmers to give us a call as we provide one-stop-shop access to our accredited list of renewable energy installers, finance and insurance, as well as support at every stage in their transition to renewable energy. Plus, NFU members get a 10% discount on our service fees. Find out more or give us a call on 024 7669 6512.