Further rounds of funding for a popular small grants scheme which helps farmers buy equipment to boost productivity and increase yields have been confirmed today.
The Government has committed £30 million for further rounds of the popular Countryside Productivity Small Grants scheme (CPSGS),
The first round of funding was launched in February with the Government currently on course to grant more than £15 million to farmers who applied to buy new kit.
This will include equipment specific to cattle, sheep and pig farmers, as well as precision farming and resource management equipment for arable farmers.
The next application window will open in early 2019, with over £30 million available for future funding rounds for farmers.
Environment Secretary Michael Gove made the announcement ahead of the Government’s Agri-Tech Investment roundtable in London today (Thursday, October 11), hosted by the Department for International Trade.
The event was attended by Defra, BEIS (Department for Business, Energy and Industrial Strategy) and the Department for International Development alongside investors including Bayer Crop Sciences, Elanco, Marine Harvest and Zoetis.
Investing in technology
Environment Secretary Michael Gove said: “The UK is a world-leader for talent in agriculture and technology, so there are real opportunities for our burgeoning agri-tech sector.
Harnessing technology enables our hard-working farmers to become even more productive and environmentally efficient.
“We are already seeing the rewards of investing in agri-tech, with further funding of around £30 million confirmed today for farmers to purchase hi-tech equipment.
We know that by embracing technology – such as fruit ripeness spectrometers or calving detectors – farm businesses can become more efficient, productive and resilient.
Following industry feedback, new items have also been added to the list of equipment eligible for funding in the second round, including fruit ripeness spectrometers and nitrogen-measuring devices for calculating fertiliser application for crops.
More information about the scheme and the items eligible for the first round of funding are listed online. Further details will be published in early 2019 when the next round of funding opens for applications.
