Minister of State at the Department of Agriculture, Food and the Marine, Senator Pippa Hackett has announced that the new Organic Processing Investment Grant Scheme (OPIG) will launch in the New Year. The OPIG scheme will have a budget of €1.5 million available to support investments in the Irish organic processing sector.
The supports will be available at a grant rate of 60%. This funding will be made available to processors intending to invest in developing facilities for the processing, preparation, grading, packing and storage of organic products. The scheme will open to applications from January 1st 2024 and will close on January 31st 2024.
At the announcement of the OPIG scheme, Minister Hackett said: “There is a growing momentum behind organic farming with a doubling of the number of organic farmers this year to 4,000. It is of paramount importance that we ensure that a market premium is obtained for organic output. Investing in our processing sector, which allows organic processors to increase efficiencies and capacity, is key to this.”
Minister Hackett went on to express her confidence that the OPIG scheme, along with the recently announced promotional funding by the EU Commission of €2.2m towards a Bord Bia led organic promotion campaign, will ensure that there will be both a domestic and international market in place for the growing number of Irish organic products. This promotional campaign will begin in spring 2024 and will run for 3 years.
Further Information on the Organic Processing Investment Grant scheme can be found here.