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The Farm Advisory Service (FAS) has announced new funding for farm resilience planning for businesses to bring in an expert adviser to help them review their business and develop a resilience action plan to increase the profitability and sustainability of their businesses.
• Up to £1,000 available to fund a business specialist advice report.
• No requirement for a prior Integrated Land management Plan (ILMP).
• Funding available from 30 September 2019 until 31 March 2020.
The adviser will work with the participating business to establish key performance indicators for financial resilience, analyse enterprise exposure, assess profitability and cash flow, and inspect the ‘health’ of the balance sheet. In consultation with a business owner or representative, the adviser will identify appropriate resilience action measures that can be taken and develop a practical implementation plan for the business to prepare them for potential business disruption due to current political and market uncertainty.
How to apply:
Farming businesses can apply for FAS support online at www.fas.scot/specialist-advice. Applications will be accepted from 30 September 2019 until 31 March 2020.
Prior to the application opening date, anyone interested in applying is encouraged to register with FAS by calling 0300 323 0161 or emailing email@example.com to receive an application pack in preparation of the submission window.