The Young Farmer Capital Investment Scheme is one of a suite of seven measures under TAMS II, provided for in Ireland's 2014-2020 Rural Development Programme.
As defined in the Council Regulation (EC) No. 1305/2013 of 17 December 2013 and reflected in the terms and condition, the Scheme is open to farmers who are more than 18 years and under 41 years of age at the date of submitting the application form. They also must meet the requirements of set-up for the first time within five years of the date of receipt of an application under this Scheme. There is no option to amend the EU regulation in this regard.
The date of set up is verified at date of submission of application i.e. the applicant is first registered on relevant Department identifier e.g. herdnumber/milk production partnership.
All works must be completed and claims must be submitted within six months of date of approval in the case of certain equipment and 12 months in the case of structures and fixed equipment from the date of issue of approval/extension or by a date specified in the letter of approval, whichever is earlier.