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New £5m Defra competition aims to scale up agricultural innovation

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New £5m Defra competition aims to scale up agricultural innovation

Small and medium sized farms will soon be able to apply to a share of £5m in grant funding to scale up innovation within the British farming industry.

Opening later this month, Defra’s Farming Innovation Investor Partnership Competition aims to accelerate agricultural research and development by blending grant funding with private investment.

It specifically seeks to support projects that have demonstrated the potential to grow and generate revenue, supporting the commercialisation of on-farm technologies that can then be rolled out.

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