Under the first round, the closing date for which was 31 March 1991, nearly 500 applications for grant aid for horticulture and potato projects were received. The total proposed investment is approximately £13 million.
The funds available under the operational programme for rural development scheme for horticulture and potato projects amount to £4.2 million for the years 1991 to 1993 inclusive, of which about £1.7 million would be available in 1991. As grants are payable at rates of up to 50 per cent it is clear that not all applications can be accommodated within the funds available.
Applications are being processed by my Department. This may involve, in many cases, visits to individual applicants. Applicants will be informed of the outcome of their applications at the earliest possible date.