The third tranche of Tier 1 of the Farm Business Improvement Scheme (FBIS) in Northern Ireland opened for applications on 2 November 2020 and will close on Friday 4 December at 4pm. A total of £7.5m (€8.43m) has been allocated for the tranche, which is targeted at supporting smaller-scale investments that will improve the sustainability of farm businesses.

The two previous tranches recorded grant aid of £14.4m (€16.18m) paid to over 3,000 farmers. The maximum level of investment is £30,000 (€33,707), with all eligible items listed on the Department of Agriculture, Environment and Rural Affairs (DAERA) website at https://www.daera-ni.gov.uk/publications/fbis-capital-scheme-tier-1-eligible-items. The booklet available at this link also lists the reference cost set for the item and the level of grant aid available on it.