50% of TAMS 3 Tranche 1 applications now approved

Some 4,119 applications to tranche 1 of the Targeted Agriculture Modernisation (TAMS 3) have been approved, figures from the Department of Agriculture, Food and the Marine (DAFM) have shown.

Presented up to February 12^th, a total of 8,203 applications had been received by DAFM across the 10 sub-schemes contained within tranche 1 of TAMS 3. Of these, 373 were rejected and 175 were withdrawn, while a further 3,536 applications are in progress. With 4,119 applications approved, this means that over 50% of applications have now been approved.

The highest number of approvals to date have been under the Farm Safety Capital Investment Scheme, totalling 1,203. A further 654 applications are in progress under this sub-scheme.

Additionally, approvals under the Organic Capital Investment Scheme and the Low Emissions Slurry Spreading Scheme totalled 542 and 496, respectively. Meanwhile approvals up to February 12^th for the Animal Welfare Nutrient Storage Scheme and the Tillage Capital Investment Scheme were 856 and 315, respectively.

Table 1: TAMS 3 Tranche 1 Information Table (updated 12^th February 2024) (Source: DAFM)

Tranche 2 of TAMS 3 closed for applications on January 19^th. Tranche 3 is now open and applications will be accepted up to Friday, April 12^th, 2024.

Also read: TAMS 3 eligible items, reference costs and grant rates revealed