DAERA Farm Business Improvement Scheme Capital Tier 2 Tranche 2 - Expression of Interest

Closes 13 Aug 2021

Opened 19 Jul 2021

Overview

This is the second tranche of Tier 2 of the Farm Business Improvement Capital Scheme for capital projects with eligible expenditure ranging from over £30,000 to £625,000. The FBIS-C Tier 2 grant rate is 40% up to a maximum of £250,000. Please note that those applicants previously in receipt of an award under Tier 1 or Tier 2, or under the European Innovation Partnership scheme, may seek further grant support but that must not exceed the £250,000 grant maximum across the Rural Development Programme 2014-23.

The application process for Tier 2 Tranche 2 has changed since Tranche 1 of the scheme. The key stages of the Tier 2 Application process are now:

1/ Completion of the Expression of Interest form - (Stage 1 of the application process) - this form.

2/ Completion of a Full Application (Stage 2 of the application process) - later as part of a separate process

It is recommended that applicants read the guidance notes prior to considering completion of this expression of interest for tranche 2 of Tier 2. The guidance can be viewed, downloaded and / or printed from the DAERA website - Farm Business Improvement Scheme - Capital Scheme | Department of Agriculture, Environment and Rural Affairs (daera-ni.gov.uk)

Why we are consulting

Expression of Interest (stage 1) - this form

The purpose of this Expression of Interest is to gauge the readiness of applicants to invest in transformational projects costing more than £30,000 (eligible expenditure) and their ability to complete the project and submit a claim (by August 2023) for payment by the end of the current NI Rural Development Programme (Dec 2023).

Expression of Interest -  is a new MANDATORY stage to assist both farmers and DAERA prepare for opening of a second tranche of Tier 2. It is designed to capture specific information about your proposed project and must be completed before moving forward to the full application process (at a later date). 

It will also help DAERA to see what the level of interest is, and to decide whether or not to open a second tranche of Tier 2 at this time.

Full application - (Stage 2, the final stage before assessment and awards)

Stage 2 will be available to those completing the Expression of Interest and will capture in depth detail about your proposed project and this will for example include :-

  • Confirmation of the detailed investment needs in terms of construction and equipment items.
  • The provision of estimated costs for the project supported with detailed quotations.
  • Completion of a business plan to justify investment to include a 5 year baseline and projected cashflow.
  • Confirmation of project funding availability.
  • Confirmation of all approvals and compliance including Planning, Environmental and Engineering.
  • Completion of the Making it Safer risk assessment

Information on the opening of full application (Stage 2) and Guidance can be available in due course to be viewed, downloaded and / or printed from the DAERA website - Farm Business Improvement Scheme - Capital Scheme | Department of Agriculture, Environment and Rural Affairs (daera-ni.gov.uk).

Complete your Expression of Interest (Stage 1) application here

Audiences

  • All stakeholders
  • Citizens
  • Business

Interests

  • Agriculture
  • Environment
  • Finance
  • Public Spending
  • NI