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Start-up Grant and Capital Grant schemes for new entrants now open

Start-up Grant and Capital Grant schemes for new entrants now open

Two important grant schemes for new entrants are now open, and NFU Scotland is urging would-be applicants to check key deadlines to avoid missing out.

An estimated £20 million is to be made available to new entrants through the Start-up Grant and Capital Grant schemes, both part of the Scottish Government’s Scottish Rural Development Program (SRDP).

Both schemes have eligibility criteria which set a maximum number of years that applicants can be in charge of the business.

The time limits are two years for the Start-up Grant and five years for the Capital Grant.

Furthermore, the Start-Up Grant requires the farmer to be under 41 at the time of submitting the application.

Although final details on the scheme have yet to be released, NFUS is pointing out to all new entrants that if they plan on making an application to these schemes and are approaching any of these key deadlines, then it recommends they contact their local SGRIP office or submit an application form to avoid disappointment.

The Mull farmer Iain MacKay, who chairs NFU Scotland’s New Generation Group, said: “These important schemes for new entrants are now open, although important detail and guidance has yet to be agreed and made available.

“However, the eligibility criteria is known, and I would urge any new entrant who is approaching any of the deadlines such as a 41st birthday or the number of years in charge of the business to press ahead with completing the application forms now and avoid breaching eligibility rules.

“In the meantime, we will continue to press Scottish Government for more information and the prompt publication of guidance on the schemes.

“We want to hear from new entrants and our New Generation groups about both schemes, and we will be holding New Generation group meetings around the country in February to give and receive further comments.

“We will then pick up with Scottish Government any issues raised.”

The New Entrants Start-up Grant is aimed specifically at young new entrant farmers and crofters starting an agricultural business for the first time or taking control of an existing business.

Funding can be used to help with many of the costs associated with starting up an agricultural business, with the maximum grant available being £55,000.

The New Entrants Capital Grant scheme provides grants for people new to farming to make improvements to their agricultural business and help to promote sustainable development.

Funding can be used for capital projects, such as the construction or improvement of agricultural buildings.

The total amount of grant aid in any two-year period is up to £25,000 as an individual or up to £125,000 as part of a group.