Following the announcement of £750,000 funding for small rural businesses in Northamptonshire (see article dated 1 September in this section), NEP held three surgeries across the county with a wide range of rural businesses. Attendees included artesian bakers, micro breweries, innovative farm accommodation providers, play barns and garden centres. Overall, 42 businesses were provided with strategic advice and guidance.
Grants of up to around £140,000
With rural tourism and the food & drink sector a priority in this round of funding, up to 18 projects will be funded in the NEP geography. Grants available will range from £35,000 to a maximum of approximately £140,000 (200,000 Euros) and can cover up to 40 per cent of a project’s total costs. Projects must have a total value of at least £87,500 to be eligible for funding.
Rural Payments Agency
Businesses must be registered with the Rural Payments Agency (RPA) before they can apply for the EAFRD funding. To register online for RPA, CLICK HERE Once registered with the RPA a business can make an outline application for EAFRD funding online.
For more information about the Growth Programme, CLICK HERE
Applications – which must be submitted by 5.00pm on Friday 27 November – will be assessed by government and NEP. Those with the strongest business case will then be asked to make a full application for project funding.
For further advice
Emma Powlett, Rural Management Consultant at NEP, is available to provide further strategic advice and guidance on 07831 208963 or email HERE
More funding rounds will be announced in 2016.
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