An East Galway TD has welcomed the announcement of a new €1.5m Financial Support Scheme for Calf Rearing.
Minister for the Diaspora and International Development Ciaran Cannon has said that the minimum investment required is €1,000 ex. VAT, while the maximum investment being proposed will be €7,500 ex. VAT, with a 40% grant aid applying to applications meeting all the terms and conditions of the scheme.
“Im pleased that Minister Creed has announced this new initiative as one of a series of measures being put in place ahead of the Spring calving season with €1.5m being made available in funding for the scheme.
“I understand that the primary investment focus is on supporting calf feeding systems such as computerised calf feeders, milk carts with mixer included and calf teat feeders and when a farmer purchases one of these items, they will also be eligible to receive support for the purchase of other items, such as calf milk heaters, calf forage/hay racks, calf meal troughs, calf feed barriers and calf pen dividers.
Minister Cannon said that the minimum investment required is €1,000 ex. VAT, while the maximum investment being proposed will be €7,500 ex. VAT.
“A 40% grant aid will apply to applications meeting all the terms and conditions of the scheme and the Department of Agriculture has advised that on the event of over-subscription this figure may be reduced”.
Applications will open on January 7 2020 and terms and conditions and the relevant specifications for interested applicants from Galway will be available on the Department’s website.