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The latest version of the Sustainable Farming Incentive (SFI 2023) opened for applications from Monday 18th September 2023.
Since the end of August, farmers have been asked to ‘express their interest’ in entering the scheme. Those who did so will be contacted by the Rural Payments Agency and invited to make a full application. This is to be a stepped and controlled invitation process, with farmers not invited into the scheme all at once. Currently, an application can only be made once this initial invitation has been made.
Farmers who are interested in applying are to ensure that all required information is correct, to include online maps and land use / cover details. This will allow the online system to outline which SFI 2023 options can be chosen at the time of applying.
The Department for Environment, Food & Rural Affairs has also confirmed that farmers who have a live SFI 2023 agreement in place by the end of the year will receive an accelerated payment, being 25% the value of their agreement, in the first month of their agreement. This is to help with cashflow, in recognition of the reductions in other funding and the delay in the implementation of this scheme. Please note, standard payments for this scheme are due to be paid quarterly.
For more information or to discuss any of the above, please contact a member of our Rural Team.
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