24/05/2018 - Permalink

Final call for rural businesses grant applications

Related topics: Business and economic growth / My area / News from our partners / Partner organisations

News from our partners Marches Growth Hub

Rural businesses in Shropshire have just days left to tap into EU funding that could help grow their organisation and create new jobs.

Grants of up to £170,000 are available through DEFRA’s Rural Development Programme for England (RDPE) and could be used to construct or improve business premises or to buy new equipment and machinery.

The grants are available for food and drink manufacturers, tourism attractions and for most rural businesses with less than 50 staff. Grants start at a minimum of £35,000 (£20,000 in north Shropshire) and applicants can apply for up to 40 per cent of eligible costs: however, for certain ‘not for profit’ tourism projects, the intervention rate could be higher.

The Marches Local Enterprise Partnership is particularly encouraging applications from farming businesses that want to diversify into non-agricultural activities and environmental and land based rural businesses wishing to expand, but expressions of interest for a grant must be registered by 31 May 2018.

Roger Phillips, Chairman of the Marches ESIF committee, said:

“It is important to recognise the important role that farmers and small rural businesses play in our local economy.

“Our participation in this DEFRA grant scheme will help those rural businesses deliver their growth aspirations, which in turn will support their rural communities.”

Expressions of Interest for funding bids must be submitted by 31 May 2018. For more information and advice on how to apply, contact the Marches Growth Hub on 0345 6000 727 or email enquiries@marchesgrowthhub.co.uk.

Marches Growth Hub

  • The Marches Growth Hub brings together all national and local business support in one place for the first time and is fully aligned to the Government’s ‘Business is GREAT’ campaign.
  • A comprehensive business support website – www.marchesgrowthhub.co.uk – and dedicated enquiry line – 0345 6000 727 – provide businesses across the whole Marches region with access to funding, support and advice. All resources are available to enterprises of all sizes, from start-ups to large employers.
  • This is supported by physical hubs in Telford at the University of Wolverhampton’s Telford Innovation Campus, at Skylon Park in Hereford and at the Food Enterprise Centre in Shrewsbury.