Business & Investment

NI provides a £ 1m grant for small food businesses

Small food and beverage manufacturers in Northern Ireland can apply for a £ 1m capital grant to increase sales of locally grown produce.

Funds of £ 5,000 to £ 50,000 are available to companies processing primary or horticultural produce.

Grants can be used to cover up to 50% of the covered costs of new food processing equipment and machinery, including dedicated computer software.

reference: Video: Norfolk Pig Farmer Introduces Creep Feeder Invention

According to the Department of Agriculture, Environment and Rural Affairs (Daera), the six-week application period for expressions of interest begins on March 8 and the deadline is April 15.

The microfood business investment scheme has three main purposes.

  • Helping companies expand production and start supplying to the retail or distribution industry
  • Increase the amount of products a company sells to the retail or distribution industry
  • Help companies launch sales outside Northern Ireland.

Eligibility

To qualify, the company must have less than 10 full-time employees and sales of less than £ 1.8 million.

Daera Minister Gordon Lyons emphasized that the project must provide a direct benefit to the supply chain by improving the commercial connection between food processors, farmers and producers.

Lions explained that it is imperative for businesses to process primary produce, especially locally grown or cultivated produce.

Agricultural products include lean meat, pork, poultry, eggs, milk, potatoes, fruits, vegetables, cereals and seeds.

For more information

The deadline for expressing interest in the Microfood Business Investment Scheme is April 15, 2021.

For more information on the scheme and how to apply Daera’s website.

Departments can be contacted via Dedicated email.

NI provides a £ 1m grant for small food businesses

https:///business/payments-schemes/ni-offers-1m-grant-scheme-to-small-scale-food-businesses NI provides a £ 1m grant for small food businesses

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