A new Farming Innovation Investor Partnerships competition is now open for applications. £5 million in government grant funding is available to attract private investment and support businesses developing near-commercial, on-farm innovations.
Through the Farming Innovation Investor Partnerships competition, 12 projects are expected to secure more than £40 million in private investment to help bring agri-tech innovations to market. A further competition will open next month.
A new £5 million round of the Farming Innovation Investor Partnerships competition will open on 2 June. Guidance is now available. The competition supports agri-tech businesses to fast-track the late-stage development and commercialisation of technologies that are close to market. It offers government funding alongside private investment.