Figures recently release by DEFRA have shown that after expenses and charging depreciation the total income from farming in the UK, is estimated at £5.7 billion. However, this is without any deduction from proprietors’ wages or land rent.
Are you looking to develop a new product, process or service, which could be significantly ahead of anything similar in the field? Or are you looking to develop innovative use of existing ones?
Innovate UK is to offer loans of between £100,000 and £10 million to micro, small and medium-sized enterprises. Loans are for highly innovative late stage projects with the best game changing and/or disruptive ideas or concepts.
Projects must focus on commercialisation, growth or scale up. Priority is given to proposals likely to lead to growth, gains in productivity and/or access to new overseas markets through export.
Projects should last up to five years, of which up to three years can focus on late stage research and development (R&D), and up to two more years on establishing a clear route to commercial success. Loan repayments will be required over a further period of up to five years.
Businesses must be able to show that they:
Registration closes at Wednesday 29 August 2018 12:00pm, the projects are expected to start by December 2018.
For more information contact Innovate UK here.
Contact ARC’s specialist finance consultants for further advice here.
25 budding farm tenants have kicked off their wellies and taken part in a pioneering, new training course created by Anglia Rural Consultants (ARC). The course helped prospective tenant farmers develop their business skills to help shape their farm tenancy applications, for Norfolk’s County Farm Estate.
Norfolk County Council owns an estate of more than 6,500 hectares farmed by 145 tenants, which provides significant income for the Council, to help pay for services and development. The Council invited ARC to develop and deliver expert, practical training, to help prospective tenant farmers define their approach and create winning applications, for four tenancies up for lease.
The two half day courses, held at The Morley Agricultural Foundation Research Centre, were introduced by Duncan Slade, the Land Agent for Norfolk County Council. The course included sessions on finance and risk analysis, a farm budget exercise and a personality profile, so applicants, many in their twenties and thirties, can establish their strengths and weaknesses.
In addition, a presentation by a current farm tenant highlighted life at the cutting edge of tenant farming and, with wellies now on, the delegates toured the Morley Foundation farm. This helped them learn about the funding, facilities and equipment needed to operate a farm and assess the strengths and weakness when viewing a farm property.
Delegates were also able to meet with specialist consultants from ARC, to review their farm budgets and discuss their business ideas for the future.
Anglia Rural Consultants provide expert, practical advice and support for farming and rural businesses. If you would like to explore how we could develop and deliver a bespoke training course or event, do get in touch.
Contact: Richard Rampton, Chairman ARC
Phone: 01508 470 347
Farm minister George Eustice has launched a £60m grant scheme to help farmers in England fund purchases of new equipment.
The Countryside Productivity Small Grant Scheme will be open to bids of between £3,000 and £12,000 to put towards equipment costs.
The grants are to support:
As Britain leaves the EU, Government wants to ensure that farmers can become more resilient, competitive and capitalise on world-wide interest in quality British produce.
The Farm Minister said that the website and application process set out details of “a range of innovative items from which most farmers could find something they would want to apply for”.
The scheme is funded through the European Agricultural Fund for Rural Development via the Rural Development Programme for England.
Applications can be made on the Government’s Countryside Productivity Scheme website.
ARC can provide advice and support, if you’re considering a grant application for The Countryside Productivity Scheme, LEADER or other grants available. Please visit our specialists’ page for more information. http://angliaruralconsultants.com/finance-and-grants/
ARC has joined forces with Norfolk County Council to hold free business planning training for would-be farm tenants.
Four farms covering a total of more than 1,000 acres are being offered for let to help aspiring farmers build their businesses as part of the Norfolk County Farms estate.
Read the full article here in the Eastern Daily Press.
To find out how to apply read more here.
The closing date for applications is 12 noon on Friday 9th March 2018.
Training Course Details
The ARC business planning training courses will be held on the 13th and 21st February 2018, from 1pm – 5pm at the Morley Agricultural Foundation, near Wymondham, Norfolk.
For more information and to book your place contact Norfolk County Council Land Agent, Duncan Slade by email: firstname.lastname@example.org
New Grants for Farmers
New grants to support farming businesses have been announced by Defra. The Countryside Productivity Scheme will help livestock, dairy, arable and horticultural farmers improve productivity through investing in new technology, such as robotics, to reduce cost or improve product quality.
It will also help farmers and food processors to invest in new equipment and machinery to improve the processing of milk, meat and fruit.
The grants will provide a funding of between £35,000 and £1 million for 40% of the costs and the ARC team are on hand to advise and support you.
Adding Value to Agri-food
Improving Farm Productivity
All these schemes have criteria, which may limit equipment that is eligible, as well as the dates until which they are open.
In addition, there are other grant schemes available, such as LEADER, more suitable for smaller projects or other activities.
ARC can provide advice and support, if you’re considering a grant application for The Countryside Productivity Scheme, LEADER or other grants available. Please visit our specialists’ page for more information.
To find out more about the Countryside Productivity Scheme visit https://www.gov.uk/guidance/countryside-productivity-scheme
Want to have a chat about growing your business? If so, why not join us at the Royal Norfolk Show on Thursday 29th June 2017. It’s a great place to meet old friends and new. That’s why ARC is teaming up, once again, with the CLA – the Country Land and Business Association – and we’ll have a stand as part of their Rural Business Showcase in their marquee at Stand 146.
So pop along and let’s talk business:
Date: Thursday 29th June
Time: 11am – 3pm
Venue: Royal Norfolk Show
Place: CLA corporate marquee
Want to have a chat about growing your business? If so, why not join us at the Suffolk Show on Thursday 1st June 2017. It’s a great place to meet old friends and new.
That’s why ARC are teaming up with the CLA – the Country Land and Business Association – and we’ll have a stand as part of their Rural Business Showcase 2017.
It really is Suffolk’s biggest day out and as it’s half term under 15s are free.
So pop along and see us:
Date: Thursday 1st June
Time: 11am – 3pm
Venue: Trinity Park near Ipswich
Place: CLA corporate marquee
We’ll also be joining the CLA at the Royal Norfolk Show which is held on the 28th and 29th June at the Norfolk Showground, just south of Norwich – so get those dates in your diary and we’ll give you more details soon.
Creating ‘profit bonds’ and taking advantage of Research and Development opportunities were just two of the ideas proposed post-Brexit at a seminar for agricultural and rural businesses, held in November.
50 leaders of rural businesses, including farmers and agricultural specialists, attended the event to gain insight into the future of the rural economy, post-Brexit and in light of the Government’s recent Autumn Statement.
The ‘Business for Change’ seminar was held at the regional Head Quarters of the National Farmers’ Union East Anglia and was developed by Anglia Rural Consultants, (ARC), to provide a sharp focus on the impact and implications of Government policies surrounding Brexit.
Keynote speaker Kit Papworth, the Director of L F Papworth, a leading contract farming business, challenged the audience to think differently, saying:
“Yields of many of our main arable crops are static at best. Costs continue to rise and commodity prices are more volatile than ever.
“Meanwhile, according to NGOs, the environment is in rapid decline and the public finances of the UK are under significant pressure. However, farmers are now enjoying huge support from the general public. So, we must grasp the opportunity that Brexit has delivered. It’s time to think differently, create some new ideas and fresh thinking, to help invest in our future.
“Farmers should create a ‘profit bond’; a tax free pot of cash created through profits and held by Government to help fund new projects, retirement plans and protect us from future market volatility.”
“Environmental stewardship is important and compulsory at a basic level, however, there should be a higher tier of environmental management which could be rewarded.”
Read the East Anglian Daily Times media coverage here.
Read the Eastern Daily Press media coverage here.