Funding to help develop the domestic seed potato sector will go to cabinet today as the sector continues to deal with the fallout of Brexit. The Minister for Agriculture, Food and the Marine is bringing a memo to cabinet on his plan to inject €3 million over the next two years.
The plan aims to support the development of native production of such seed, which is a highly specialised farming activity, through a capital investment scheme for specialist facilities and equipment to support the expansion of the sector. The funding, which is coming through the Brexit Adjustment Reserve (BAR) will be aimed at accelerating development of capacity within the sector and aid improvements in the production, storage and marketing infrastructure of the seed potato sector.
This will be done by providing grant assistance to seed potato producers towards the capital cost of specialised equipment and facilities.
Source: agriland.ie