Timber Business Investment Scheme - Wales

Last week the Deputy Minister for Farming and food announced the Timber Business Investment Scheme (TBIS) would open soon. 

The TBIS is designed to help private forest owners, local authority or other public sector forest owners and Micro, Small or Medium Enterprises (SME's) for investments that will enhance forestry potential or relate to the mobilising (harvesting), processing and adding value to forest products. 

Applications will need to show they are "Promoting resource efficiency and supporting the shift towards a low carbon and climate resilient economy in agriculture, food and forestry sectors and Promoting social inclusion poverty reduction and economic development in rural areas." 

As with all RDP schemes it is a competitive grant and you will need to apply through an Expressions of Interest window (EOI). This opens on 29th February 2016 and closes on 23rd May 2016. 

The scheme could contribute up to 40% of the total cost of a project and I attach a copy of the guidance notes for your information, page 5 and 17 show examples of eligible projects or activities. 

Full details and guidance notes are at; http://gov.wales/topics/environmentcountryside/farmingandcountryside/cap/ruraldevelopment/wales-rural-development-programme-2014-2020/timber-business-investment-scheme/?lang=en