29 Mar 2018
HORTICULTURE INVESTMENT SCHEME REOPENS TO GROWERS AFFECTED BY STORM EMMAHorticulture
The 2018 Scheme of Investment Aid for the Development of the Commercial Horticulture Sector has reopened to horticulture growers who suffered severe losses due to Storm Emma.
Growers can apply for grant aid to assist them to invest in specialised horticultural buildings and /or equipment to assist their business to recover.
The Scheme of Investment Aid for the Development of the Commercial Horticulture Sector grant aids capital investments in specialised plant and equipment in the horticulture sector with an objective to promote the diversification of on-farm activities, improve the quality of products, facilitate environmentally friendly practices and improve working conditions.
The 2018 Scheme had closed for applications as normal last December. However in light of Storm Emma many growers now need to re-prioritise their investment plans. This was targeted re-opening of the scheme will only deal with horticulture growers that proposing investments, having suffered damage.
The Scheme will provide grant aid at a rate of 40% (50% for approved growers under 35 years of age) for approved capital investments.
The closing date for receipt of applications is 27th April 2018.