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Irish Government Invests €70 Million to Help Food Producers Develop and Diversify Post Brexit

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Irish Government Invests €70 Million to Help Food Producers Develop and Diversify Post Brexit

Irish Government Invests €70 Million to Help Food Producers Develop and Diversify Post Brexit
November 10
10:04 2021
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The Irish Government has announced that 22 projects in the meat and dairy sectors across the country will receive funding to enable them to develop and diversify, following Britain’s exit from the European Union. The Government’s €70 million Capital Investment Scheme for the Processing and Marketing of Agricultural Products will help farmers and those working in food production to diversify their offering, to attract new markets and customers, making their business more resilient and sustainable into the long-term. The fund will be administered by Enterprise Ireland.

The Tánaiste and Minister for Enterprise, Trade and Employment, Leo Varadkar, TD said: “This is a major investment in our agri-food industry which is the lifeblood of Rural Ireland. It’s all about helping the industry to develop and diversify by moving up the value chain and gaining access to new markets including Asia and North America. It will benefit farmers and the wider industry.

“I’m extremely proud of the fact that we produce enough food to feed nine times our population. Our agriculture sector employs nearly 165,000 people here. We want to make sure these jobs are secure into the long-term.

“This €70 million funding will go directly to food producers and processors in the meat and dairy sectors to help them diversify and win new customers post-Brexit. It will also help them prepare for a low carbon future, given our commitments on climate. The 22 successful projects are all over the country.

“Brexit caused huge uncertainty for the sector and is a warning of the dangers of becoming over-reliant on a certain market. Similarly the need to reduce our greenhouse gas emissions while maintaining production levels is another challenge facing our food producers. We need to take action now that embraces new technology, creates new jobs and new business opportunities, protects rural communities and tries to avoid driving up the cost of living. This Fund aims to help food producers make the transition.”

This €70 million investment is part of the €100 million Scheme first announced on 28 December 2020. A further call under the scheme is expected at a later date.

List of successful projects

Company Location Brief Project Description Funding Under This Measure
Dairygold Co-Operative Society Ltd Mallow, Co Cork Capital Investment to Support Product and Market diversification 4,743,680
Dawn Meats Ireland Ballyhaunis Co. Mayo and Kilbeggan Co. Westmeath Capital enhancements to both facilities 1,601,700
Dawn Meats Ireland Charleville, Co Cork,  and Rathdowney, Co Laois. Capital enhancements to both facilities 4,366,495
 
Dawn Meats Ireland Grannagh, Waterford and Carroll’s Cross, Kilmacthomas, Co. Waterford Capital enhancements to both facilities 4,031,805
 
Glanbia Ireland Ballyragget, Co. Kilkenny Capital investment to support market diversification strategy 2,700,000
 
Slaney Foods Bunclody, Co. Wexford Capital investment to support market diversification strategy 1,988,519
 
Tipperary Co Operative Creamery Tipperary Town, Co. Tipperary Ingredients Processing System 596,377
 
Glanbia Ireland Ballyragget, Co. Kilkenny. Capital investment to support diversification of product base 1,404,250
 
Kepak Watergrasshill, Co. Cork Capital investment to support market diversification strategy 3,119,188
 
McCarren Meats Drumavanagh, Co. Cavan Capital investment to support market diversification strategy 3,995,964
 
Glenisk Tullamore, Co. Offaly Decarbonisation strategy 491,310
 
Kepak Ballybay, Co. Monaghan Capital investment to support market diversification strategy 916,919
 
Kepak Kilbeggan, Co. Westmeath Capital investment to support market diversification strategy 1,967,929
 
Silver Hill Foods Emyvale, Co. Monaghan Capital investment to support market diversification strategy 5,000,000
 
Henry Denny & Sons Charleville, Co. Cork Capital investment to support market diversification strategy at Charleville facility 5,000,000
 
Donegal Meat Processors Carrigans, Co. Donegal. Capital investment to support market diversification strategy 2,422,690
 
Liffey Meats Ballyjamesduff, Co. Cavan. Capital investment to support product and market diversification 4,980,000
 
T O’Regan & Sons Clonakilty, Co. Cork Capital investment to support market diversification strategy 5,000,000
 
Kerrygold Butter Packing Mitchelstown Co. Cork Capital investment to support market diversification strategy 4,972,208
 
Bandon Vale Cheese Bandon, Co. Cork Capital investment in Bandon facility 5,000,000
 
Moyvalley Meats Broadford, Co. Kildare. Capital investment to support product and market diversification 749,416
 
Dawn Farm Foods Naas, Co. Kildare. Capital investment to support product and market diversification 4,951,550

 


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