FIF is made up of 2 separate funds:
- Farming Equipment and Technology Fund (for grants between £2,000 and £25,000)
- Farming Transformation Fund (for grants between £35,000 and £500,000)
Farming Equipment and Technology Fund
This fund provides grants towards the cost of equipment and technology to improve the productivity of farms in a sustainable way.
The Round 1 application period opens on 16 November 2021 and will close on 7 January 2022.
Read the FETF Round 1 manual for full details about who is eligible and what you can get funding for before you apply.
Farming Transformation Fund
This fund provides grants towards large capital items to help businesses improve productivity, profitability, and environmental sustainability. They are:
- Water Management
- Improving Farm Productivity
- Adding Value
The NFU held a virtual session on 23 November, where members heard in detail about two elements of the Farming Investment Fund. If you want to rewatch the event, or read the things you need to know visit the website here.
The RPA have also published useful Youtube Videos to help with your application.