Home » News » Government Opens First Call for €100m Brexit Scheme for Agri-food Sector

Government Opens First Call for €100m Brexit Scheme for Agri-food Sector

Published: 19th February 2021

The Tánaiste and Minister for Enterprise, Trade and Employment Leo Varadkar T.D. and the Minister for Agriculture, Food and the Marine Charlie Mc Conalogue T.D., opened the first call for applications under the Government’s €100m Scheme for the Agri-food sector.

The Scheme agreed by Government at the end of 2020, has been established in recognition of the sector’s unique exposure to the impact of Brexit. Up to €70m is available under the first call, which is being administered by Enterprise Ireland. It is open to large, medium or small enterprises, engaged in the processing and marketing of primary meat and dairy products to apply.

The Tánaiste Leo Varadkar T.D. said:

“The trade deal agreed with the U.K. last December mitigated against a doomsday scenario for the Agri-food sector, however there is no doubt that Brexit will still have a significant impact. This Fund, which will put €100m investment into helping the sector adapt, diversify and innovate, is one of the ways we are helping the sector respond.

“Agri-food production is a major employer here, employing more than 173,000 people. This Fund will not only help secure these existing jobs, but will also help companies explore new technologies, creating new jobs.

“This is just one of the ways the Government is helping the agri-food sector. Low cost loan schemes, direct aid for farmers, and additional resources from Bord Bia are also available to help the sector at this really challenging time.”

Minister Charlie McConalogue T.D., stated:

“Sustainability, competitiveness and innovation are vital so that our agri-food sector continues to grow existing and new markets. That often requires significant capital outlay and this new fund is designed to ensure that the food industry can invest now in projects that will underpin its sustainable development over the next decade. The projects that will qualify for funding are focused on the future, supporting either new products and/or new market diversification strategies. I hope that the Government’s support for these strategic investments will bring benefits for all those along the supply chain, particularly farmers as the primary producer of our food offering.”

As with any public funding, detailed terms and conditions will apply to this scheme, which will be awarded by Enterprise Ireland on the basis of a competitive call.

Closing Date is Thursday 15th April.

For more information and to apply click here:

https://www.enterprise-ireland.com/en/News/PressReleases/2021-Press-Releases/Government-Opens-First-Call-for-%E2%82%AC100m-Brexit-Scheme-for-Agri-food-Sector.html

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