11 Mar 2016
The Targeted Agricultural Modernisation Scheme (TAMS) offers grant aid for certain on-farm capital investments.
The scheme offers grant aid of 40% towards the cost of certain investments – 60% in the case of young farmers.
The TAMS budget is divided into tranches. Applications are made online once a tranche opens.
Ranking of applications will take place on a tranche basis. Unsuccessful eligible application will be carried over the following tranche.
Seven TAMS schemes are currently in operation:
- Young Farmers’ Capital Investment Scheme
- Dairy Equipment Scheme
- Low Emission Slurry Spreading Scheme
- Animal Welfare, Safety and Nutrient Storage Scheme
- Pig & Poultry Investment Scheme
- Organic Capital Investment Scheme
- Tillage Capital Investment Scheme
Grant aid of 40% (60% for Young Farmers) is available.
Payment will issue within 3 weeks once it has been determined that that work has been completed in accordance with the terms and conditions of the scheme. A deadline will be applicable for completion of the relevant investment works.
Between 5-20% of applicants will be inspected prior to approval
Between 5-20% of applicants will be inspected pre-payment
5% of applicants will be inspected post-payment.
Up to 48 hours notice of an inspection will be given.