Minister Hackett unveils €10M Investment Aid Scheme for Horticulture sector

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Retailers have shown strong support for the horticulture industry acknowledging its vital role in sustainability and food security

Horticulture

Read More: 2024 Scheme of Investment Aid Commercial Horticulture Sector National Strategy for Horticulture 2023-2027

9 November 2023

Minister Pippa Hackett has announced the launch of the 2024 Scheme of Investment Aid for the Development of the Commercial Horticulture Sector, featuring a budget of €10 million. This scheme comes as a response to the challenges faced by growers in 2023 due to high input costs and adverse weather conditions, making it difficult for them to reinvest and align with the vision outlined in the National Strategy for Horticulture 2023-2027.

During the Horticulture Industry Forum winter meeting, Minister Hackett shared updates on the progress made in implementing key strategic actions from the National Strategy for Horticulture. She underlined the positive engagement with retailers, who have expressed their support for the horticulture industry, recognising its significance in ensuring sustainability and food security.

Minister Hackett emphasised the importance of stakeholders’ continued engagement, “the strategy is the starting point for building a strong foundation on which this sector can grow. Although good progress has been achieved in a short time, it is critical that all relevant stakeholders continue to engage with this strategy, as it is this engagement that will ultimately drive its success.”

The 2024 Scheme of Investment Aid for the Development of the Commercial Horticulture Sector is to close applications on December 15, 2023. It aims to support the horticulture sector through grant aid for capital investments in specialised plant and equipment, renewable energy, and technology adoption specific to commercial horticulture production. Existing producers and new entrants can benefit from this scheme, with grant aid of up to 40% on approved investments, while qualifying young farmers can receive up to 50%.

For more information please visit: https://www.gov.ie/en/collection/73aea-schemes-and-services-agriculture-food-and-the-marine/#horticulture

Read More: 2024 Scheme of Investment Aid Commercial Horticulture Sector National Strategy for Horticulture 2023-2027

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