The Targeted Agriculture Modernisation Scheme (TAMS 3) provides grants to farmers to build and/or improve a specified range of farm buildings and equipment on their holdings. There is an indicative budget of €370 million available for the period 2023-2027, and all investments must be linked to Climate, Environment or Animal Welfare. Payments to the value of €444.17 million have issued since the commencement of TAMS 2 in 2015, €41.8 million of which issued in 2023.
Overall, the scheme has proved very popular. Tranche 1 of TAMS 3 closed on 30 June 2023, with 8,203 applications received across ten separate investment measures (almost four times the average number received per tranche under TAMS 2).
Applications received across all of the measures in Tranche 1 of TAMS 3 are currently being processed on an ongoing basis, as outlined below.
Scheme
|
Received
|
Approved
|
Applications Rejected
|
Applications Withdrawn
|
Animal Welfare Nutrient Storage Scheme
|
2494
|
100
|
85
|
65
|
Dairy Equipment Scheme
|
235
|
10
|
3
|
3
|
Farm Safety Capital Investment Scheme
|
2050
|
618
|
156
|
26
|
Low Emissions Slurry Spreading
|
551
|
335
|
2
|
11
|
Organic Capital Investment Scheme
|
928
|
315
|
22
|
19
|
Pig & Poultry Investment Scheme
|
49
|
24
|
|
|
Solar Capital Investment Scheme
|
751
|
105
|
7
|
14
|
Tillage Capital Investment Scheme
|
445
|
186
|
29
|
17
|
Women Farmer Capital Investment Scheme
|
259
|
|
10
|
3
|
Young Farmer Capital Investment Scheme
|
441
|
68
|
9
|
8
|
Totals
|
8203
|
1761
|
323
|
166
|
Tranche 2 of TAMS 3 is currently open, and to date 6,305 applications have been received. Applications under this tranche will begin to be assessed following the closure of the tranche on 19 January.