​​​​​​​Launch of Farming Investment Fund welcomed but there is the need for speed

Wed 17 Nov 2021

Shouler & Son has welcomed the launch of the Farming Investment Fund (FIF) announced by Defra this week (16 November) and is urging any potential beneficiaries to apply sooner rather than later.

The £27 million pound FIF is split across two schemes: The Farming Equipment and Technology Fund (FETF) and The Farming Transformation Fund (FTF).

In welcoming the launch of the fund, Shouler & Son emphasises that both schemes are competitive and applicants will need to act quickly.

Angela Wood, professional associate, rural services, explains, ”Based on the previous Small Productivity Grant Scheme, FETF applications need to be completed by noon on 07 January 2022.

“If this application is successful, equipment needs to be purchased, installed, paid and claimed for by 30 September that year.

“FTF is for much larger projects and is a two-stage application. The initial stage deadline is 12 January 2022 and, if successful, the full application will need to be completed just over six months later - by 30 June.”

For more information on the FIF and the FETF and FTF schemes or Shouler & Son’s rural services, contact Angela Wood
Email: a.wood@shoulers.co.uk
Telephone: 01664 560181 or see shoulers.co.uk/pages/agricultural-services.

"Because of changes in function of my company I needed to sell an industrial property and move into new offices. After considering a couple of Estate Agents I was pleased to engage Shoulers to act on my behalf. They acted with speed and efficiency and I was delighted that the property sold within days and at a very acceptable price. I would recommend them and in particular Helen Montague unreservedly."
Mr AH Managing Director