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18/06/2014
£12m Loan Scheme Launches To Support The Building Of Demonstrator Plants
Enterprise Minster Arlene Foster MLA and Agriculture Minister Michelle O'Neill MLA have launched a £12m loan scheme to support the construction of demonstrator plants to trial new ways of processing poultry litter.
The loan scheme is the second stage in the Sustainable Use of Poultry Litter (SUPL) Project. It follows on from a Small Business Research Initiative (SBRI) competition which encouraged the technical development of solutions to utilise poultry litter.
Construction of demonstrator plants will allow the new techniques to be trialled on the scale needed to test their commercial and technical viability for the poultry industry. The loan scheme is designed to help with this process.
Announcing the scheme Arlene Foster said: "Agri-food is a cornerstone of our economy, creating higher sales, exports and jobs than any other manufacturing sector in Northern Ireland.
"Poultry is a key component of the agri-food sector and how poultry litter is processed is a challenge that must be addressed if the industry is continue to thrive in the future.
"The £12 million loan scheme announced today takes us one step closer towards that goal by supporting the design, construction and commissioning of demonstrator plants to test the new technologies."
(CD/JP)
The loan scheme is the second stage in the Sustainable Use of Poultry Litter (SUPL) Project. It follows on from a Small Business Research Initiative (SBRI) competition which encouraged the technical development of solutions to utilise poultry litter.
Construction of demonstrator plants will allow the new techniques to be trialled on the scale needed to test their commercial and technical viability for the poultry industry. The loan scheme is designed to help with this process.
Announcing the scheme Arlene Foster said: "Agri-food is a cornerstone of our economy, creating higher sales, exports and jobs than any other manufacturing sector in Northern Ireland.
"Poultry is a key component of the agri-food sector and how poultry litter is processed is a challenge that must be addressed if the industry is continue to thrive in the future.
"The £12 million loan scheme announced today takes us one step closer towards that goal by supporting the design, construction and commissioning of demonstrator plants to test the new technologies."
(CD/JP)
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