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New funding support now available for rural businesses

A new scheme aimed at supporting rural businesses launches this week, offering capital support to assist with projects that contribute to sustaining rural communities.

Council opens applications for its Cultural Grants Aid Fund

Derry City and Strabane District Council

A new scheme aimed at supporting rural businesses launches this week, offering capital support to assist with projects that contribute to sustaining rural communities.
The Rural Business Development Grant Pilot Scheme is funded under the Department of Agriculture, Environment and Rural Affairs Tackling Rural Poverty and Social Isolation (TRPSI) Programme, and will be delivered by Derry City and Strabane District Council (DCSDC).
The total grant awarded to rural businesses in the DCSDC area is £47,490 and applications are now being invited from existing micro businesses (less than 10 employees) in rural areas with minimum grant awards of £500 and a maximum of £4,999. The total project cost must not exceed £20,000 and applicants must be willing to provide 50% match funding.
Mayor of Derry City and Strabane District, Councillor Michaela Boyle, urged local businesses to check out their eligibility for the scheme. “This new funding support is completely separate from the Rural Development Scheme and offers a great opportunity for smaller businesses with a project they want to get off the ground.
“Our rural businesses face unique challenges and Council is committed to supporting them where possible in the delivery of projects which will positively impact on rural areas. I would urge any small business to find out if they could benefit.”
Application forms, guidance notes and further advice and information are available from DCSDCs Business Section or via at www.dcsdcgrantaid.com/ applications/. Closing date for applications is December .

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