The Scheme of Investment Aid for the Development of the Commercial Horticulture Sector provides grant aid at a rate of 40% of the approved cost of capital investments in specialised horticultural buildings, structures or equipment. The rate of aid is increased in the case of growers who are under 35 years of age at the time of application. To qualify for consideration under the Scheme a proposed investment must meet at least one of the following objectives:
- Promote diversification of on-farm activity
- Improve the quality of output
- Facilitate environmentally friendly practices
- Improve working conditions.
While the Scheme cannot fund repairs, some growers may wish to seek approval under the Scheme to facilitate capital investments in response to Storm Ophelia. For example, eligible investments could include erection of windbreaks or the up-grading of polytunnels using new high specification plastic.
Applicants are encouraged to apply as soon as possible. The closing date for receipt of applications is 19th December 2017. To qualify for grant aid the approved investment must not commence before the respective letter of approval issues from my Department.
The deadline for completion of approved investments is 28th September 2018. However, in duly justified limited cases, funding may be approved for investments that will be completed and claimed prior to 27th September 2019. Payment claims will be accepted prior to the closing date for receipt of claims.