Cash Point: for rural businesses

Is your business based in a rural area, or is it a food processing business? Funding is available now for rural business development, rural tourism and food processing businesses in Suffolk, Norfolk and beyond.

You may be 20 miles from the nearest cash point but we have the latest information on grants for you here.

 

£10 million of European funding is available through grants which range from £50,000 up to £1 million from the  Growth Programme  of the European Agricultural Fund for Rural Development (EAFRD).

Down to the cash facts:

  • Grants of between £50,000 and £170,000 are available for capital expenditure for projects which will generate new jobs
  • Grants of between £50,000 and £170,000 are for capital projects, such as visitor attractions, signage and schemes to improve visitor connectivity, like footpaths. This fund will not be available for visitor accommodation schemes, which can be funded through the business development call
  • Grants from £60,000 up to £1 million are available to food processing firms of all sizes in rural and urban areas for projects which generate new jobs

The grant can represent up to 40% of the cost of your development plans.

The process is:

  1. Submit an Expression of Interest form
  2. If eligible you’ll be invited to make an application, which requires a business case and detailed budgets

For more information click here

 

Looking for a grant specialist to help you out?

 Anglia Rural Consultants (ARC) is a team of  independent consultants who can provide a wide range of  expertise and practical advice to support your agricultural or rural business.  

Contact:  Richard Rampton

Email: richard.rampton@ruraladvice.com

Tel: 0800 112 3944

 

About author:
Emma Finn is the Founder and Director of Pathfinder East. Read more here.

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