Great news....Funding has been doubled and letters of offers are due to commence in February.
Northern Ireland Agriculture Minister Edwin Poots has doubled funding for the latest tranche of Tier 1 of the Farm Business Improvement Scheme (FBIS) – Capital to £15 million.
3,800 applications were submitted in the recent Northern Ireland Farm Business Improvement Scheme, Capital Tier 1 Tranche 3 which closed for applications in December.
Minister Poots said: “I am delighted to see such a positive response to the third tranche of Tier 1 FBIS Capital, particularly for Low Emission Slurry Spreading Equipment. It highlights the willingness of our farmers and growers to invest in the sustainability of their businesses.
Eligible applicants will start to receive letters of offers from the beginning of February, commencing with those receiving the highest scores and continuing until the full allocation of budget.