The On Farm Capital Investment Scheme (OFCIS) aims to provide financial support for technologies, equipment and buildings that boost efficiencies on farm while also improving the environmental impact of farming. TAMS III in collaboration with the On Farm Capital Investment Scheme will run for five years (2023-2027).

The new iteration of the On Farm Investment Scheme has a particular focus on:

• • Organic Farmers
  • Young Farmers
  • Women Farmers

Organic Farmers will receive grant aid support of 40% for licensed organic operators and 60% for farmers who are also current participants of the Organic Farming Scheme up to a ceiling of €90,000 per holding

Young farmers between the ages of 18 and 41 will also see a major increase in grant aid as the high costs associated with capital investment is a major barrier hindering young farmers. Young farmers will now receive grant aid funding of 60% up to a ceiling of €90,000

Women farmers between the ages of 18 and 67 will receive increased grant aid within the new scheme to encourage new entrants and to provide recognition and gender equality within Irish agriculture. Grant funding of 60% will be provided up to a ceiling of €90,000

TAMS III consists of 11 schemes with increased grant aid rates, investment ceilings, new investments, and new support categories.

• • Animal Welfare, Nutrient Storage Scheme (AWNSS) at 40% grant rate, with a €90,000 investment ceiling.
  • Tillage Capital Investment Scheme (TCIS) at 40% grant rate, with a €90,000 investment ceiling.
  • Pig and Poultry Capital Investment Scheme (PPIS) at 40% grant rate, with a €500,000 investment ceiling.
  • Dairy Equipment Scheme (DES) at 40% grant rate, with a €90,000 investment ceiling.
  • Young Farmer Capital Investment Scheme (YFCIS) at 60% grant rate, with a €90,000 investment ceiling.
  • Women Farmer Capital Investment Scheme (WFCIS) at 60% grant rate, with a €90,000 investment ceiling.
  • Organic Farming Capital Investment Scheme (OCIS) at 60% grant rate, with a €90,000 investment ceiling.
  • Farm Safety Capital Investment Scheme (FCIS) at 60% grant rate, with a €90,000 investment ceiling.
  • Solar Capital Investment Scheme (SCIS) at 60% grant rate, with a €90,000 investment ceiling that is separate from other schemes.
  • Low Emission Slurry Spreading Equipment Scheme (LESS) at 60% grant rate, with a €90,000 investment ceiling that is separate from other schemes.
  • Nutrient Importation Storage Scheme at 70% grant rate, with a €90,000 investment ceiling