Application Deadline: Applications for this grant close on 31st July
All applications for the next round of the Rural Business Development funding need to be submitted before midnight on the advised date.
Applications submitted after this time will not be considered in this round of funding.
Overview and Guidance
Funding (capital grants) for small scale investment in micro and small enterprises in rural areas.
The objective of this grant is to support the creation, diversification and expansion of rural businesses.
Funding is available to support all areas of rural business development leading to the creation of new jobs, products, services and markets, and to help boost community cohesion.
Funding may be used for projects looking to: undertake innovation, adopt new technologies, improve carbon footprint, diversify into new markets, develop and promote the visitor economy, develop local tourist attractions and/or enhance local visitor experiences.
Grants are offered between £1,000 and £10,000 to Rural Businesses located within High Peak who are looking to grow or diversify their businesses.
Established rural businesses (over twelve months) can apply for any amount between £3,000 and £10,000 to further develop their business.
Newly formed Businesses (under 12 months) can apply for any amount between £1000 and £3000 to help launch/grow their businesses.
New businesses must register with Company's House or have a Unique Tax Reference number from HMRC prior to any funding being awarded and hold a business bank account.
Grants are available at a maximum of 80% of the total project costs i.e. to achieve a maximum £10,000 grant, project costs would need to be in excess of £12,500 exclusive of VAT.
All grant funding will be paid in arrears via claim process i.e. Grant is claimed on completion of all works and evidence of paid invoices.
Grants will be funded from the Rural England Prosperity Fund.
As part of our wider support for business we have partnered with the East Midlands Chamber and their High Peak Accelerator programme designed to help businesses across the High Peak to start, sustain, grow and innovate through a range of different support. If you require any support with grant applications or would like to find out more about how the Accelerator programme may be able to support your business please complete their enquiry form here.
Please read the full guidance, including who is eligible to apply, here before applying. [221KB]
