Written Reply by Ms Grace Fu, Minister for Sustainability and the Environment, to Parliamentary Question on Agri-food Cluster Transformation Fund
1465. Ms He Ting Ru: To ask 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.
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 Apr 2021, the Singapore Food Agency (SFA) has received a total of 23 applications as of 31 Dec 2021. Eight applications have been approved with grant amounts ranging between $10,000 to $700,000 while the remaining applications are being evaluated by SFA.