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Hayes Launches €4.3m Investment Aid Scheme for the Commercial Horticulture Sector
- 13 November 2015
Minister of State at the Department of Agriculture, Food and the Marine with special responsibility for Horticulture, Tom Hayes, today announced details regarding the 2016 Scheme of Investment Aid for the Development of the Commercial Horticulture Sector.
The Minister was pleased to announce the increased support of €4.3m made available for the Scheme in 2016. “This competitive grant aid scheme is the main scheme providing assistance to Irish horticultural growers. Investments approved for aid under this scheme will assist growers to diversify, improve quality and add value, provide better working conditions and facilitate environmentally friendly practices all of which, in turn, will contribute to achieving the targets set for the horticultural sector in Food Wise 2025” the Minister stated.
The Scheme is open to all horticultural sectors – protected crops, nursery crops, field vegetables, soft fruit, apples, beekeeping and mushrooms and will provide grant aid, at a rate of 40% (50% in the case of qualifying young farmers), for approved capital investments undertaken by 30th September 2016. In certain limited cases, however, funding may be approved for investments that will be completed and claimed prior to 29th September 2017.
Concluding Minister Hayes said “this Scheme will assist in improving growers’ competitiveness by grant aiding capital investments in specialised plant and equipment as well as emerging technologies specific to commercial horticulture production”.
The closing date for receipt of applications is 18th December 2015.
