are there machinery grants

[eggsarascal]

When I looked at a new processor the local council would do a grant, 'you' bought the machine and the council (read, tax payer) would stand you 50% of the cost, don't know if that's still available.

[spuddog0507]

We applied a few years back and it was a nightmare, form after form to fill in and a interview, then site meetings, was told if i applied and anything changed in the time between applying and recieving the grant, the application may be withdrawn, its one of them where you have to work at there speed or dont bother, from applying to recieving first payment was going to be 15 months then payment over 4 quarterly payments so in total over 2 years to get sorted, you can do a lot in 2 years, so hence we binned the idea and did it alone, The woman who i was dealing with said she had 15 million quid to give away but no one was applying for it, i am not supprissed at that it was just to slow,

[Squaredy]

6 hours ago, snowlady said:

Hello,My Name is Wendy.I have a small log company.

I was looking to see if there are any grants I could apply for to help me get a little bigger.

It is a minefield out there,Anyone point me in the right direction please?

Wendy

My experience of grants is they involve a lot of complicated paperwork, jumping through hoops, and you have to buy new.  So for instance if you want to buy a half decent tractor you might get a good second hand one for £10,000, but the grant may force you to buy a new one for £22,000, so unless it funds £12,000 it might be pointless.

 

Also they often require you to have the whole amount of cash up front and claim it back, which might be self-defeating.

 

I know it is a loan not a grant, but Bounce Back Loan as Les says has really great terms, all interest paid by governement for one year, and then a really low interest rate.

[Alycidon]

Snow lady,I found the forestry commission very helpful when I was looking.  But the funder does look for optimum value for their funds, ie how many new jobs would their money create.  I am a stove retailer from a farming family, and they were happy with that.  You will need a processing site with appropriate planning consent,  a means of handing 3m or so lengths of cord and storage facilities for cut logs unless you are kiln drying and selling straight out of the kiln. If you want a chat pm me and I will look out the people I spoke to, but this was 5 years or so ago.  I am also in Northants so it is relevant. A

Edited June 4, 2020 by Alycidon

[MattyF]

I would be checking defras web site, unfortunately I’ve never seen a grant for a tractor ,timber trailers , processors , cranes etc but never a tractor.

[Alycidon]

You can buy a half tidy 65hp tractor for 10k suspect that the applicant would need show that they have also committed to the project.  

[dig-dug-dan]

Register as a farmer. They get all the money. Yet to meet a poor one!

[Matthew Storrs]

15 hours ago, Squaredy said:

My experience of grants is they involve a lot of complicated paperwork, jumping through hoops, and you have to buy new.  So for instance if you want to buy a half decent tractor you might get a good second hand one for £10,000, but the grant may force you to buy a new one for £22,000, so unless it funds £12,000 it might be pointless.

 

Also they often require you to have the whole amount of cash up front and claim it back, which might be self-defeating.

 

I know it is a loan not a grant, but Bounce Back Loan as Les says has really great terms, all interest paid by governement for one year, and then a really low interest rate.

Just don’t go with HSBC for your bounce back loan!!

[monkeybusiness]

8 minutes ago, Matthew Storrs said:

Just don’t go with HSBC for your bounce back loan!!

Why not?!

[Matthew Storrs]

2 minutes ago, monkeybusiness said:

Why not?!

Well I applied, a month ago, recieved an email a week later saying they’d received my application- then radio silence.... 

 

have banked with HSBC for 15 years, 10 years with buisness account so not very impressed really.

Edited June 5, 2020 by Matthew Storrs