Diversification

The Woodland Carbon Guarantee (WCaG) is a £50 million scheme that aims to help accelerate woodland planting rates and develop the domestic market for woodland carbon for the permanent removal of carbon dioxide from the atmosphere. Applications close on the 31st January 2020, click here to find out more.

Rural Start-Up Fund

£5000 will be available in 2020 to start up a new business venture as one of the biggest hurdles in developing a new business strategy or idea is the start up cost. The application process is now open. For further information click here. Applications are open until the 6th March 2020.

Application for diversification grant

  • The government on the 4th November 2019 opened the opportunity to apply for a grant between £20,000-£750,000 from the £35m EU-funded growth programme.
  • Applications are open until 16th February 2020.
  • The programme is aimed towards diversification of rural businesses to diversify, grow their businesses and generate jobs – looking for developing into the future.
  • If you are interested in the grant and want to check if your business is eligible contact:
    • GPEnquiries@rpa.gov.uk or call the Rural Payments Agency (RPA) helpline on 03000 200 301.

Farming diversification can help in modifying the current farm business model into paths that may improve profit and income, as well as improving the quality of life for the farmer. This can help protect against crises and risk an insurance project to fall back on:

Building an industrial strategy

Direction on how to make the most of your business

How British farms are diversifying

Strutt and Parker have outlined: how to avoid the Pitfalls of farm diversification: Click here.

Check out these podcasts on farming diversification

Downloads:

This diversification report produced by NFU Mutual covers the types of diversification farmers often choose and the opportunities and challenges they pose on the farm business: Download
CPRE Building resilience through diversificationDownload
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