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Details of the new young farmer grants Announced

Details of the new young farmer grants come under the Young Farmer Capital Investment Scheme, which is the first of the new Targeted Modernisation Schemes (TAMS II). The Minister for Agriculture, said the Scheme is very important – offering eligible young farmers a special rate of aid of 60% of investment costs, compared to the standard rate of 40% which will be generally available to other farmers. The total allocation for the various on farm investment schemes planned under TAMS II, including the Young Farmer Investment scheme, is €395m over the course of the programme. Ministers Coveney and Hayes announced today that an indicative allocation of €120m was being made available to young farmers under the terms of the new Scheme over the full RDP period. Further announcements in the coming weeks on the launch of the remaining TAMS Schemes, including the new Dairy Equipment Scheme which is also being prioritised for early opening. Details of the new young farmer grants come under the Young Farmer Capital Investment Scheme, which is the first of the new Targeted Modernisation Schemes (TAMS II).

http://www.agriculture.gov.ie/media/migration/farmingschemesandpayments/farmbuildings/tams/TAMSIIYFCISTC140515.pdf
https://agfood.agriculture.gov.ie/ssoauthagfood/individual.jsp

 

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