35 million pounds waiting for UK's rural firms
Topics: RURAL UK
The aim of fund is to help rural enterprises prosper, unlocking their potential and future proofing their business.
The government’s scheme is devised to get behind business owners by offering 3 different types of grant; business development grants, food processing grants and rural tourism infrastructure grants.
The scheme has already granted rural UK businesses almost £100 million, enabling job creation, boosting tourism and driving productivity.
For this latest round of funding, £35 million is up for grabs, but this figure could rise to £50 million if there is a high number of high calibre applications.
Successful applicants will be entitled to a minimum grant of £20,000 which offers small and micro-businesses greater accessibility to the scheme. ■