The Targeted Agriculture Modernisation Scheme (TAMS 3) is a demand-led scheme with a defined budgetary allocation. TAMS 3 has been hugely popular to date, with 5,529 applications received under the Solar Capital Investment Scheme (SCIS), which is one of eleven schemes under the suite of TAMS schemes. To date, a total of 3,149 approvals have issued under the SCIS, with payments of €22.9 million issuing to 1,232 applicants.
An overall allocation of €88 million has been provided for TAMS 3 for 2026. It is not possible to allocate a budget to each of the eleven schemes individually.
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SCIS Applications by Tranche
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TRANCHE
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STATUS
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SCIS
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Tranche 01
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Applications Received
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751
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Tranche 01
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Approvals Issued
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666
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Tranche 02
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Applications Received
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738
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Tranche 02
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Approvals Issued
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644
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Tranche 03
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Applications Received
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326
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Tranche 03
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Approvals Issued
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294
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Tranche 04
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Applications Received
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645
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Tranche 04
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Approvals Issued
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580
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Tranche 05
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Applications Received
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513
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Tranche 05
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Approvals Issued
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445
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Tranche 06
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Applications Received
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307
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Tranche 06
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Approvals Issued
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232
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Tranche 07
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Emergency Tranche*
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0
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Tranche 08
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Applications Received
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455
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Tranche 08
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Approvals Issued
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287
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Tranche 09
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Applications Received
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899
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* SCIS investments were not included in the emergency tranche 07, responding to Storm Éowyn.
The number of applications and the level of funding provided to date under the Solar Capital Investment Scheme (SCIS) have well exceeded expectations, to the extent that more than 20% of the TAMS budget is being spent on the SCIS alone.
In order to ensure that the available budget is distributed fairly over the remainder of the CSP, it was necessary to limit the number of approved applications in tranche nine by applying ranking and selection criteria, and this will also be considered for future tranches. On that basis, a decision was made to focus on approvals for core on-farm investments such as farm safety and nutrient storage.