In his first speech the new Defra Secretary announced that £45 million of new funding for farmers was being split between the Farming Investment Fund and the Farming Innovation Programme.

  • £30 million will be allocated to the second round of the Improving Farming Productivity grant, providing capital grants of £15,000 – £500,000 towards robotic, automatic equipment and solar.
  • £8 million under the third round of the Large R&D Partnership – due to launch on 15 January 2024.
  • £850,000 through the Research Starter Round 4 competition – due to open in December 2023 and close in February 2024.
  • Individual grants of up to £100,000 will be on offer from a total pot of £5 million under the third round of the Natural Environment Investment Readiness Fund.