Minister for Agriculture, Food and the Marine, Charlie McConalogue, and Ministers of State Senator Pippa Hackett and Martin Heydon have announced the opening of the new Targeted Agricultural Modernisation Scheme (TAMS 3).
TAMS provides funding for capital investments on farms and will be in place for five years with a budget of €370 million. Under the scheme there will be 10 individual schemes one of which is the Organic Capital Investment Scheme (OCIS). Tranche 1 of the scheme opened today (Wednesday 22 February) with solar panels on farms the first available investment. The other investments will become available on a phased basis during Tranche 1 which will close on 16 June.