Thirty-four farmers will benefit from over $3.1 million in grants as part of the Agriculture Ministry’s Agricultural Finance Support Programme.
The funds will be used for various innovative projects such as state-of-the-art irrigation systems, hydroponic systems, solar panel installations, shade houses and farm improvements to meet good agricultural practices standards, investments in new breeding stock for livestock and advanced fishing equipment.
The Cycle 7 Batch 2 distribution of Agro-Incentive Grants took place at the ministry in Chaguanas.
The grant is a key element of the ministry’s vision for a modern, competitive and sustainable agricultural sector.
It represents the ministry’s dedication to promoting innovation, resilience and sustainability within the agricultural community.
The 34 recipients represent a diverse cross-section of the agricultural sector, including small-scale farmers and large agribusinesses.
By obtaining the badge, farmers and fisherfolk can also benefit from the Agricultural Incentive Programme, which includes cash rebates and exemptions across 92 categories, supporting needs such as vehicle purchases, integrated pest management systems and advancements in livestock, tree crops and agro-processing.
The portal, the ministry said, simplifies the application process and ensures that all eligible individuals can fully utilise the available support.