The tillage strand of the TAMS II, known as the Tillage Capital Investment Scheme (TCIS), enters its fourth year of operation and continues to deliver for farmers. The TCIS has helped modernise many tillage production systems, through supporting the investment in new farm machinery, technology and infrastructure on tillage farms. In many cases, this has improved labour and resource efficiencies and helped increase the competitiveness of the sector.
We run through the latest TCIS figures from the scheme, as well as farmers’ top 10 investments in 2019. In total, 2,952 applications have been received for TCIS, with 842 applications received in 2019 alone. Of these applications, 439 have been received from Young Farmers. Young Farmers can avail of 60% grant aid on an €80,000 investment. So far, a total of 2,524 approvals have been issued for applications to TCIS, with an estimated value of nearly €31m. Applications for the latest tranche of all TAMS II schemes were due to close on 24 April, but this has now been extended to 6 June.