A new round of funding has been confirmed by DEFRA. This round of funding will include:
- £45m to help rural businesses grow and invest in new equipment – rural businesses, including those engaged in tourism and food production, can apply for funding to invest in their company, helping them to expand, diversify, and invest in new technology.
- £120m for projects that improve farm productivity – this money will help farmers, foresters and landowners manage their land more effectively. Funding will be available for a wide range of purposes, including woodland management equipment, creating on-farm reservoirs and using water more efficiently.
- £30m to improve rural broadband
The first grant funding for reservoirs and forestry equipment are now open. Funding for broadband, rural business support, on-farm food processing, arable and horticultural productivity and resource efficiency will be made available later in the year. A further £6.6m will be available for animal health and welfare projects.
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