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News | 30 Jun 2016
A new TAMS II Scheme: the Organic Capital Investment Scheme is currently open for applications to current organic or in-conversion operators. An indicative allocation of €8m is being made available for this Scheme over the full RDP period.
The Organic Capital Investment Scheme is one of the new Targeted Agricultural Modernisation Schemes (TAMS) to be launched as part of the new Rural Development Programme 2014 – 2020. The Scheme is open to all organic farmers who meet the general eligibility criteria, offering a standard rate of aid of 40% on investments up to a ceiling of €80,000. For qualifying young organic farmers who meet the specific eligibility criteria, the standard rate of aid is 60% on investments up to a ceiling of €80,000. The Scheme is co- funded by the European Agricultural Fund for Rural Development (EAFRD).
The total allocation for the various on-farm investment Schemes planned under TAMS II is €395m over the course of the programme.
All applications must be made on-line, either by the farmer or by an advisor authorised to act on his or her behalf. Copies of the Organic Capital Investment Scheme terms and conditions are available on the Department’s website :
