A major funding initiative worth £5 million is about to be launched to accelerate the commercialisation of advanced agricultural technologies in the UK.
Opening on 2 June, the Farming Innovation Investor Partnerships programme is a collaborative effort designed to blend public and private investment. The scheme aims to support small and medium-sized enterprises (SMEs) that are developing near-market agri-tech innovations
The competition targets projects that can be delivered within 18 months and cost between £750,000 and £3 million. All work must be carried out within the UK. Grant funding will cover up to 45% of eligible project costs for micro and small businesses, and up to 35% for medium-sized firms.
For further information, visit https://apply-for-innovation-funding.service.gov.uk/competition/2207/overview/05e5263b-75a1-49a0-87f0-261541af0840