Well, Richard Lochhead was never going to please everyone but the new SRDP (Pillar 2) has £6m over 2014-2020 for "Small Farmers" which is "targeted support for small farms that face similar issues as crofters regarding sustainability. The definition of small farms is currently being developed based on discussions with stakeholders." I'm curious to know who the stakeholders are, since there are no significant representative groups for smallholders.
LEADER has £20 million for specific support for small business growth, including £10 million for farm and croft diversification. And finally there's New Entrants Support with a budget allocation £20m to provide support for start-up grants for new entrant young farmers of up to 40 years old (as set by Europe). Further support will be available for new entrants, regardless of age, to access capital funding to improve their business. This may be similar to the Crofting Capital Grants Scheme and it depends how "new entrants" are defined - it may be new entrants to the Basic Payment Scheme, but I don't know that.
The SRDP scheme is due to open January 2015 and for projects under £75,000, there will be continuous local approval. Bigger projects will be assessed nationally.
On the Basic Payment Scheme, if you actively farm 3ha or more of eligible land, you can apply. There are conditions but for small grassland farms, these seem to relatively modest.
Of course the devil will be in the details and now we have to find out what a "Small Farmer" is