Farming Investment Fund: Applications for the Adding Value grant now open - PKF Francis Clark
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Farming Investment Fund: Applications for the Adding Value grant now open

Applications for the Adding Value grant (a theme under the Farming Investment Fund) is now open for applications and will close at midnight on 21 July 2022.

Summary of the Adding Value grant

Fund size £30 million
Type of fund Grant
Focused on Supporting farmers and growers to process, diversify and add-value to their products
Grant size Between £25,000 and £300,000 for up to 40% of eligible project costs
Capital or Revenue Capital
Eligible Capital items
  • Equipment for preparing or processing edible agricultural products for added value sales
  • Equipment for ‘second stage’ processing of grain – for example, colour sorting, blending
  • Equipment for processing non-edible agricultural products into new products (for example, flax, hemp, wool, hides, and skins)
  • Equipment for retailing eligible agricultural products (for example, vending machines or display facilities)
  • Premises for the preparation or processing of added value agricultural products including associated integral storage areas
Applicants
  • A grower or other producer of agricultural products
  • A business processing agricultural or horticultural products which is at least 50% owned by agricultural or horticultural producers
Eligible Projects and Eligible agricultural products
  • Projects (examples here) include:
    • Processing agricultural products
    • Adding value to agricultural products
    • Retailing
  • RPA looking for projects to provide wider benefits such as environmental benefits
  • A list of eligible agricultural products under the Adding Value grant can be found here
UK coverage England only

Two step application process:

Step Overview
One

An eligibility and desirability check

 

An online checker, which will be available as soon as the application window opens in June. It will give you an idea of your chance of success

This online checker went live on 9 June 2022.

Two

An invitation

If your project scores highly enough, you will be invited you to submit a full application.

You will then have until 31 January 2024 to submit your full application. If you need planning permission, this must be approved and submitted with your full application.

More details

https://defrafarming.blog.gov.uk/2022/05/23/farming-investment-fund-a-new-grant/

The manual for Adding Value is available on GOV.UK.

How can we help?

We specialise in working with rural businesses and can see many being interested in this grant.

If you would like any assistance with an application please contact me, or your usual point of contact here at PKF Francis Clark.  We will, if applicable, put you in touch with one of our grant application experts to assist you.

FEATURING: Russell Phillips
Russell is a Manager in our Truro office in the business service team, advising on annual general compliance matters including end of year accounts reporting,… read more
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