Local Conservative MP Andrew Griffiths has welcomed a new Government scheme to provide £60 million in grants to rural entrepreneurs.
The Rural Economy Grant Scheme will provide individual grants ranging from £25,000 to £1 million each to help rural businesses. Successful applicants will receive up to 40% of the cost of their proposed projects, which could be in farming, agri-food, tourism, forestry and micro enterprises such as digital media and small scale, high value manufacturing.
Commenting on the announcement, Andrew Griffiths said: “This is a welcome boost for rural Burton and Uttoxeter. It is further proof of how the Government is investing in our rural economy, supporting our countryside and driving growth in rural business.
“So often in my surgeries, constituents with small rural businesses ask me where they can go for additional funding. This extra pot of money will provide a new source of support for the rural economy, on top of the Government’s broader £165 million package to unlock the potential of our rural areas.”
Applicants for grants under the Rural Economy Grant Scheme are now being accepted and further information is available on the Department for the Environment and Rural Affair’s website at: http://rdpenetwork.defra.gov.uk/funding-sources/rural-economy-grant