€682,300 for 15 rural food and drink projects
Funding of €682,300 has been a p p r o ve d f o r f u r t h e r development of rural food and drink businesses in the current LEADER rural development programme.
A total of 15 projects are involved.
They are availing of the LEADER Food Initiative which offers up to €15m of funding for measures such as renovation and extension of production facilities, and purchase of processing equip- ment. The initiative will also support participants in the artisan food and beverage sector in areas such as market development, competitiveness, and innovation.
The maximum amount of funding available is €200,000 per project. Funding will be provided for both capital investment and softer supports related to analysis and development or training. This includes support for collaborative proposals where f o o d b u s i n e s s e s j o i n t l y address common processing and marketing challenges. The LEADER Food Initiative was launched last May, managed by the Department of Rural and Community Development, with funding from the Department of Agriculture, Food and the Marine. LEADER Local Action Groups engage with potential applicants, evaluate applications, and select projects which are then submitted for approval.
The projects are jointly approved by the two Departments.
Minister for Rural and Community Development and for Agriculture, Michael Ring and Michael Creed, launching the €15m LEADER Food Initiative in May 2018.