UK: AHDB and GB Potatoes agree on use of residual potato levy reserves to fund seven industry projects

The recommendation, made by AHDB's board earlier this year, received official approval following the wind-down of levy payer activities within the sector and has been supported by the main potato membership organisations. Scott Walker, GB Potatoes Chief Executive, said: AHDB CEO Graham Wilkinson said: The seven proposed projects are: The funding will be transferred from circa £1.8m of potato reserves held by AHDB since the wind-down of levy payer activities, £400,000 of which is set aside to cover any potential residual liabilities. The grant will be tapered over three to five years, reducing each year as GB Potatoes increases its flow of voluntary industry funding. It will comprise £1,371,880 over the first three years. The grant for years four and five could total £426,238, but this would be dependent on a successful review and the availability of sufficient potato ...