The Rural Business Grant project is supported by the South Yorkshire Mayoral Combined Authority (SYMCA) and has attracted investment through the UK Shared Prosperity Fund (UKSPF). UKSPF is a central pillar of the UK government’s Levelling Up agenda. The Fund aims to improve pride in place and increase life chances across the UK investing in communities and place, supporting local businesses, and people and skills.
The Rural England Prosperity Fund (REPF) is integrated into the UKSPF which supports productivity and prosperity in places that need it most. For eligible local authorities, the Rural Fund is a rural top-up to UKSPF allocations. It supports activities that specifically address the particular challenges rural areas face. It is complementary to funding used to support rural areas under the UKSPF.
The Rural Business Grant aims to fund capital projects for small rural businesses that will help them grow through improving productivity, developing new products, accessing new markets and/or new customers/visitors. The grant will provide up to 50% funding for projects up to £25k
A Key Account Manager will work with you to review your current situation. This will help diagnose the essential areas of support that need addressing to ensure your business has the foundations in place to take advantage of the grant and potentially other complimentary business support products that are available within South Yorkshire.
The project will run as a competition with an Open Call inviting businesses to apply for grants of between £2,500 to £12,499 to support capital investment projects
Businesses must have been trading for more than 12 months to apply for grants over £5,000. For businesses less than 12 months the applicant will be required to meet with the Council’s Launchpad team who supports pre-start and early-stage businesses in the borough.
Before applying check your business has an eligible postcode, instructions on how to do this are on page 3 of the application guidance.
Application Guidance - Click here to view the guidance
Application submission deadline 1 is 29th September 2023
Panel date 1 is week commencing 9th October 2023
Businesses will be notified if successful or not by Friday 13th October 2023.
Application submission deadline 2 is 27th October 2023
Panel date 2 is week commencing 6th November 2023
Businesses will be notified if successful or not by Friday 10th November 2023.
Further dates will be advertised if funding is available.
If you meet the above criteria, please register on our grant portal and apply online.Click here to apply