Written Answer

Successful Applications for Agri-food Cluster Transformation Fund and Total Amount of Grants Given Out

Speakers

Transcript

15 Ms He Ting Ru asked the Minister for Sustainability and the Environment with regard to the Agri-food Cluster Transformation Fund (a) since its launch how many applications (i) have been received and (ii) were successful; (b) what was the range of grants in total amounts, given out to each farm; and (c) what is the breakdown by types of successful applicants.

Ms Grace Fu Hai Yien: The Agri-food Cluster Transformation Fund provides co-funding support for capital investments by our local farms to improve productivity, sustainability and resource efficiency. Investments by farms for commonly-consumed food items are co-funded at 70%, while those for other food items are co-funded at 50%.

Since its launch on 30 April 2021, the Singapore Food Agency (SFA) has received a total of 23 applications as of 31 December 2021. Eight applications have been approved with grant amounts ranging between $10,000 and $700,000 while the remaining applications are being evaluated by SFA.