New £60 Million Grant Scheme for Rural Areas

The Department for the Environment, Food and Rural Affairs has launched a new £60 million grant scheme to boost the rural economy.  Through the Rural Economy Grant, entrepreneurs are able to apply for grants of up to £1 million for projects that improve farm competitiveness, agri-food, tourism, forestry, and micro enterprise support.  The type of activities supported could include; helping companies buy new processing and packing equipment, allowing them to target new markets;  improving animal health and welfare;  improve soil nutrients and water management; and  funding for accommodation and visitor services and activities; etc.  

The following businesses across England are eligible to apply

·         Farmers

·         Rural based enterprises

·         Forestry contractors

·         Woodland owners

·         Horticultural businesses

·         Rural Growth Networks (Rural Growth Network Micro Enterprise Appendix - will be added to the website when Rural Growth Network areas are announced in March 2012)

·         Not for Profit/ Companies Limited by Guarantee  

Please remember that the selection process for REG is competitive and applications will be appraised against one another. This means that there is no guarantee of success and not all projects which are eligible will necessarily be awarded a grant.

There is a two stage application process and the closing date for stage 1 is 5pm on the 30th April 2012.

If you are thinking about submitting an Outline application or have any questions about REG we strongly advise you to contact your local RDPE Delivery Team to discuss your project ideas.

Website: http://rdpenetwork.defra.gov.uk/funding-sources/rural-economy-grant