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04/01/2013
O'Neill Announces Farm Modernisation Programme Tranche 3
Agricultural Minister Michelle O’Neill has announced Farm Modernisation Programme (FMP) Tranche 3 Letters of Offer will start to issue next week.
Minister O’Neill said: "I can confirm that the first Letters of Offer to be released under the third Tranche of the FMP will be issued next week to those applicants which received maximum marks. I can also confirm that the release of funds will continue over the coming weeks to all those successful applicants, a process that will see the allocation of over £7m. Combined with matching funding from the farming community Tranche 3 will equate to a total investment in the rural economy of £13.75m."
The Minister added: "Farm businesses have 21 days to respond to the Delivery Agent, Countryside Agri-Rural Partnership, accepting their Letter of Offer, and I would ask them to ensure that the Form of Acceptance is returned to Countryside Agri-Rural Partnership within this timescale so they do not miss out on this opportunity to modernise their enterprise.
"The delivery of funds under the FMP to farmers on the ground will be very welcome news in the current economic climate and I look forward to seeing the results. Farmers are once again able to invest in their farms and local rural communities with help from FMP funding, and it is my intention that the claims are processed and paid out as quickly as possible."
(IT)
Minister O’Neill said: "I can confirm that the first Letters of Offer to be released under the third Tranche of the FMP will be issued next week to those applicants which received maximum marks. I can also confirm that the release of funds will continue over the coming weeks to all those successful applicants, a process that will see the allocation of over £7m. Combined with matching funding from the farming community Tranche 3 will equate to a total investment in the rural economy of £13.75m."
The Minister added: "Farm businesses have 21 days to respond to the Delivery Agent, Countryside Agri-Rural Partnership, accepting their Letter of Offer, and I would ask them to ensure that the Form of Acceptance is returned to Countryside Agri-Rural Partnership within this timescale so they do not miss out on this opportunity to modernise their enterprise.
"The delivery of funds under the FMP to farmers on the ground will be very welcome news in the current economic climate and I look forward to seeing the results. Farmers are once again able to invest in their farms and local rural communities with help from FMP funding, and it is my intention that the claims are processed and paid out as quickly as possible."
(IT)
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