Funds under this priority can be used to provide grants for developing or starting rural micro & small businesses, and for farm diversification projects.
These grants are for: micro and small businesses based in rural locations, including social enterprises; people who want to start a business that is in a rural area; and farming or horticultural businesses that want to diversify (expand into non-farming or non-horticultural activities).
Grants awarded under this priority to projects making an economic gain are awarded under de minimis state aid rules* or capped at 40% of the project’s eligible costs, whichever is the lesser.
Successful projects so far…
Awarded £1,872 to help with new cafe equipment. Business expansion project will create at least 2 FTE jobs.
Awarded £7829.17 to help with new commercial vehicle.
At least 1 FTE job will be created.