€30m available to support companies that invest sustainably in new products and enter new markets.
The Irish Government has launched a second call for applications under €100m Brexit Response Scheme for the agri-food sector.
The Scheme, introduced by Government at the end of 2020, has been established in recognition of the sector’s unique exposure to the impact of Brexit and other global trading challenges.
“This is a particularly challenging time for the sector and ensuring companies have the capability to invest now for the future is important to ensure that world-renowned Irish food products continue to be highly valued in export markets and produced in a sustainable way”
Up to €30m is available under this second call, which is being administered by Enterprise Ireland. It is open to large, medium and small enterprises, engaged in the processing and marketing of primary meat and dairy products.
A webinar for prospective applicants hosted by Enterprise Ireland will be held on Monday 5 September and all documentation will be available on Enterprise Ireland’s website.
Companies can make enquiries to CIS@enterprise-ireland.com
Eligible companies are invited to submit applications from Monday 12 September until the closing date on Friday 11 November at 5.30pm.
Future-proofing Irish agri-food sector
“The €100m capital fund for the agri-food industry is about futureproofing our world-class agri-food industry,” Minister for Agriculture Charlie McConalogue, TD, said.
“The Government is assisting companies to make the capital investment now that will pay dividends in the years ahead and allow them to develop new products and enter new markets.
“The agri-food sector internationally is changing rapidly, with an enhanced consumer demand for sustainable production.
“The Scheme will enable food processing companies become more operationally resilient through the pursuit of product/market diversification strategies which complement the ambition set out in Food Vision 2030, Ireland’s 10-year plan for the agri-food sector. A more competitive meat and dairy processing sector will help to support the economic, environmental and social sustainability of farmers as our primary producers.
“I look forward to seeing this scheme deliver greater returns to our farm families who are the bedrock of our great sector.”
Interested companies can find out more information from here: Capital Investment Scheme for the Processing and Marketing of Agricultural Products
“This important fund is already accelerating transformational investments by companies in the agri-food sector, with approvals for 22 projects made to date,” said Enterprise Ireland CEO Leo Clancy.
“This is a particularly challenging time for the sector and ensuring companies have the capability to invest now for the future is important to ensure that world-renowned Irish food products continue to be highly valued in export markets and produced in a sustainable way.”