- Funding budget:
- £40,000,000
- EOL window opens:
- EOL window closes:
The Expression of Interest application window will open on 17 November 2022 and a selection will be carried out every 4 weeks to invite successful beneficiaries to submit a full application. The window will remain open until the budget allocation has been reached.
The indicative budget allocation is £40 million.
The FBAS is designed to help those businesses that offer clear and quantifiable benefits to the food and drink industry in Wales. It is designed to improve the performance, competitiveness, sustainability and efficiency of their businesses; to support businesses respond to consumer demand; to encourage diversification and to identify, exploit and service new emerging and existing markets.
The FBAS covers capital investments in processing equipment and infrastructure, along with some associated costs and supports projects that offer clear and quantifiable benefits to the food and drink industry in Wales.
Further information and how to apply can be found here: https://www.gov.wales/food-business-accelerator-scheme