£9.7m in grant funding available for rural businesses through the Rural Development Programme for England Growth Programme.
The latest round of grant funding from the Rural Development Programme for England (RDPE) for the North East Local Enterprise Partnership (LEP) area has been announced, with grant funding totalling £9.7m available to businesses in the food processing, tourism and rural business development sectors.
The RDPE provides funding for projects in England which create jobs and growth in the rural economy.
Applications are being sought for projects that will grow a business, create jobs or bring more money in to the rural economy. Grant funding can help pay for constructing or improving buildings, and buying new equipment and machinery.
Three grant funds are available:
The capital grants, which will be made available from the Rural Payments Agency, will fund up to 40% of a project’s costs with the minimum grant amount being £35,000. This means that a project's overall cost would need to be over £87,500 to be eligible for the funding. To be eligible for the grants, businesses must be located in the eligible rural areas of County Durham, Northumberland and Gateshead or within the North East Rural Growth Network boundary, (see map). The North East Local Enterprise Partnership works closely with Government to ensure that the European Funding allocation is aligned to projects that help deliver the North East Strategic Economic Plan. Priority sectors are manufacturing and engineering, pharmaceuticals, food and drink, and knowledge intensive business services and creative businesses.
Find out more
Three workshops will be held for businesses to find out more about the funds. These are planned for:-
Tuesday 14 February – Kirkley Hall, Northumberland
One workshop covering tourism grants and a separate workshop for rural business development and food processing grants.
Thursday 16 February – Durham County Hall, Durham
This workshop will cover food business development and food processing grants.
To book a place at any of these events, visit http://www.nelep.co.uk/funding/european-funding/european-funding-calls/
There is no deadline for applicants as the calls are open until January 2018, although applications will be reviewed every three months.
******* Full details of the calls and guidance notes can be found: https://www.gov.uk/government/publications/rdpe-growth-programme. Applicants are invited to submit expressions of interest via email to email@example.com *******
Expression of Interest:
Top Tips for Applicants:
The grants are funded by the European Agricultural Fund for Rural Development (EAFRD), which is part of the European Structural Investment Funds (ESIF).
The European Agricultural Fund for Rural Development (EAFRD) supports European policy on rural development. To this end, it finances rural development programmes across the Member States and the regions of the Union. Programmes are designed in cooperation between the European Commission and the Member States, taking into account the strategic guidelines for rural development policy adopted by the Council and the priorities laid down by national strategy plans.
Published: 27, January, 2017
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