The Rural England Prosperity Fund is an allocation of funding made to Tendring District Council (TDC), and other Councils nationally, to support rural businesses and communities as part of the wider programme of Levelling Up and linked to other opportunities available via the UK Shared Prosperity Fund.
Therefore, businesses and community groups are now encouraged to apply for grants through REPF, with further details below on the specifics of each programme.
The Rural England Prosperity Fund Business Grants Scheme allows for rural businesses across Tendring (‘rural’ as defined by DEFRA’s Magic Maps platform, viewable by clicking here) to apply for between £5,000 and £20,000 for capital works to diversify or expand their operations or adopt new technologies to the business.
Please note that businesses in Clacton and Holland-on-Sea are not classed as rural and therefore not eligible to apply.
Grants must be matched with at least 25% funding from private sources (so, if the total project cost is £10,000, a REPF grant could fund a maximum of £7,500). Match funding can be either revenue or capital. £20,000 in grant funding is the maximum a business can receive from this Scheme but is not a cap on the total project cost. Unfortunately, due to DEFRA Guidelines, we cannot support projects which received support from any of the following:
We also cannot award funding to businesses who received the maximum support available through REPF Year 1 (If you received £5,000 through REPF year 1, you can still apply for up to £15,000. If you received the maximum £20,000 in year 1, you are not eligible to apply).
Applications are welcomed from businesses in any sector. Applications received will be assessed for the project’s eligibility and value for money, and then a recommendation made to a Panel of Councillors for discussion and decision on whether to grant/reject the application. It is anticipated that, with all relevant documents provided, an application could receive a decision within 6 weeks of submission.
This Grant Fund will allocate nearly £200,000 this financial year.
This is a competitive process and applications which can demonstrate strong need, wider benefit, and value for money will have the best chance of success.
This scheme has now closed for stage 1 applications.
Successful applicants of stage 1 will be invited to progress to stage 2, the deadline for which will be 17 June 2024.
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