North Northamptonshire Council has recently relaunched the Rural Business Grant Scheme, aiming to help rural businesses to become more resilient and support growth.
This scheme offers capital grants ranging from £5,000 to £50,000 to support businesses in diversification or growth, with a particular focus on the visitor economy. These grants can be used to help businesses invest in equipment or build extensions and alterations.
A particular target for round 4 is rural diversification, including business diversification and projects which support the visitor economy.
The Rural Business Grant Scheme is funded through the Rural England Prosperity Fund, and is part of the UK Shared Prosperity Fund, a central pillar of the UK government’s Levelling Up agenda and provides £2.6 billion of funding for local investment by March 2025.
The fund aims to improve pride in place and increase life chances across the UK investing in communities and place, supporting local business, and people and skills.
Applications can be made for projects that can start quickly and be delivered with all spend claimed by 28 February 2025.
The deadline for applications is 8am on Friday, July 26.
To apply, please contact ukspf@northnorthants.gov.uk to request an application form.
For more information, please visit: https://www.northnorthants.gov.uk/community-grants-and-support/rural-business-grant-scheme