€4.5m scheme to fund horticulture projects

Only investments which start after the issue of a letter of approval will be eligible for aid. The scheme is open to all horticultural sectors, including protected crops, nursery crops, field vegetables, soft fruit, apples, beekeeping and mushrooms. The scheme will support approved capital investments undertaken by October 2, 2015, at a rate of 40%; or 50% in the case of qualifying young farmers.
Minister Hayes said: “I am delighted that, for the first time, investments which could not physically be completed within the year of being approved could now be facilitated through agreement to allow a limited number of duly justified projects to be approved...for completion by September 30, 2016.