Targeted Agricultural Modernisation Schemes (TAMS 3)
The objectives of the Targeted Agricultural Modernisation Schemes (TAMS 3) are to facilitate farm modernisation, improve the working and production conditions on farms and improve competitiveness and contribute to the improvement of agricultural incomes. As the name suggests, the funding is targeted at specific farming sectors. The TAMS 3 schemes currently operational are:
- Animal Welfare and Nutrient Storage Scheme
- Dairy Equipment Scheme
- Farm Safety Capital Investment Scheme
- Low Emission Slurry Spreading Scheme
- Organic Capital Investment Scheme
- Pig and Poultry Investment Scheme
- Solar Capital Investment Scheme
- Tillage Capital Investment Scheme
- Women Farmer Capital Investment Scheme
- Young Farmer Capital investment Scheme
Grant aid will only be paid on approved, completed, and eligible expenditure and shall be paid at the rate of 40% (AWNSS, DES, PPIS, TCIS) or 60% (FSCIS, LESS, SCIS, WFCIS, YFCIS) up to the applicable TAMS 3 maximum investment ceiling of €90,000 per holding. In the case of an application by two or more eligible partners in a partnership registered on this Department’s Register of Farm Partnership the maximum eligible investment ceiling shall be increased to €160,000. Multiple applications per tranche are permissible. However, the minimum amount of investment which is eligible for approval under this Scheme is €2,000 per application.
AWNSS-Animal Welfare and Nutrient Storage Scheme (40% Grant)
The objectives of the Animal Welfare and Nutrient Storage Scheme are to
(i) facilitate farm modernisation including the provision of animal welfare,
(ii) improve the working and production conditions on farms,
(iii) improve competitiveness and contribute to the improvement of agricultural incomes,
(iv) assist farmers with facilities for the storage of animal excreta, soiled water and other farmyard manures,
(v) assist Equine Farmers in improving animal welfare.
DES-Dairy Equipment Scheme (40% Grant)
The objective of the Scheme is to encourage, in particular, new entrants/young farmers in milk production by providing them with a level of support to meet the considerable capital costs associated with establishment of their enterprise and ensuring that they have the most up-to-date technology available to compete in the modern dairy sector.
Follow this Dairy Equipment Scheme TAMS3 link for more details:
FSCIS- Farm Safety Capital Investment Scheme (60% Grant)
The Farm Safety Capital Investment Scheme (FSCIS) provides an incentive to farmers to avail of investments to improve their own safety and that of their farm.
Follow this Farm Safety Capital Investment TAMS3 link for more details.
LESS-Low Emission Slurry Spreading Equipment Scheme (60% Grant on additional Investment Ceiling)
The principal objective of the Low Emission Slurry Spreading Scheme is to assist farmers purchase new Low Emission equipment for the spreading of slurry which has distinct environmental advantages.
Follow this Low Emission Slurry Spreading Equipment Scheme TAMS3 link for more details.
OCIS-Organic Capital Investment Scheme (60% Grant)
The Organic Capital Investment Scheme will facilitate the development of the organic sector to ensure a regular supply of high-quality organic produce to the market.
It also aims to provide an incentive to organic farmers who are current participants of the Organic Farming Scheme to upgrade their agricultural buildings and equipment by providing them with an increased level of support to meet the considerable capital costs associated with the establishment of their enterprises.
Follow this Organic Capital Investment Scheme TAMS3 link for more details.
PPIS-Pig and Poultry Investment Scheme (40% Grant)
Follow this Pig and Poultry Investment Scheme TAMS3 link for more details.
SCIS-Solar Capital Investment Scheme (60% Grant)
The Solar Capital Investment Scheme will encourage the purchase of solar investments thereby reducing dependence on fossil energy. The solar scheme will be ring fenced with its own investment ceiling of €90,000 and will be grant aided at the enhanced rate of 60%.
Follow this Solar Capital Investment Scheme TAMS3 link for more details.
TCIS- Tillage Capital Investment Scheme (40% Grant)
The Tillage Capital Investment Scheme facilitates the Tillage Sector to develop a targeted and precise approach focusing on environmental dividends, efficiency and growth and provides financial support to farmers to help them achieve improved competitiveness, increased efficiency, growth and environmental benefits.
Follow this Tillage Capital Investment Scheme TAMS3 link for more details.
WFCIS- Women Farmer Capital Investment Scheme (60% Grant)
The Women Farmers’ Capital Investment Scheme provides an incentive to women farmers to upgrade their agricultural buildings and equipment by providing them with an increased level of support to meet the considerable capital costs associated with the establishment of their enterprises. To promote gender equality, employment, growth, generational renewal, social inclusion and local development in rural areas by supporting the participation of women in farming. To improve competitiveness and contribute to the improvement of agricultural incomes.
Follow this Women Farmer Capital Investment Scheme TAMS link for more details.
YFCIS-Young Farmer Capital Investment Scheme
The Young Farmers’ Capital Investment Scheme provides financial help to young farmers to upgrade their agricultural buildings and equipment. It helps them to meet the capital costs associated with the establishment of their enterprises. Farmers must be below 40 years of age at the time of application and have been set up in farming within the previous five years.
Click on this Young Farmer Capital Investment TAMS3 link for more details:
How Much of a Grant will I Get?
The standard rate of grant aid under TAMS 3 is 40% with a grant rate of 60% available for new young farmers, organic farmers and woman farmers. In Addition a 60% grant is available for the Farm Safety, Low Emission Slurry Spreading and Solar schemes. The maximum investment ceiling is €90,000 per holding for all TAMS 3 schemes, with the exception of the applications under the Low Emission Slurry Spreading Scheme (LESS) and Solar Capital Investment Scheme which have a separate ceiling. The minimum amount of investment which is eligible for approval under an individual TAMS 3 Scheme is €2,000 per application.
Look at the TAMS 3 costings to get an accurate prediction of what amount of money you will recoup for your investment but remember all items have to be fully paid for before you can apply for payment from TAMS and any VAT refund due.