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Grant Funding

The lack of repayment requirements means financial support in the form of grants is often the preferred option for most businesses.

Usually though many publicly funded grant initiatives cannot be applied for at the same time, so choosing the right option is vital.

New Forest LEADER

As part of the national Rural Development Programme, New Forest LEADER operates in support of start-ups and established business enterprises in the rural parts of New Forest District, southern Test Valley and south Wiltshire.

A capital grant of between £5,000 and £75,000 can be applied for, which can total up to 40% of the total project cost. The grant cannot be used to fund 'standard' agricultural equipment or buildings e.g. basic farm tractors or barns for livestock/fodder etc.

For more information on eligibility, applications, and deadlines click here

Or contact Sally Igra, New Forest LEADER Programme Manager, email: newforestleader@nfdc.gov.uk

Countryside Productivity Scheme

The RDPE Countryside Productivity Scheme provides funding for projects in England which improve productivity in the farming and forestry sectors and help create jobs and growth in the rural economy.

Grants for a minimum of £35,000 are available for water resource management, and improving forestry productivity, which can cover up to 40% of total project costs.

Only arable and horticultural businesses growing, or intending to grow, irrigated crops can apply for the water resource management grants. Only private forest holders managing at least 10 ha of forest and micro, small, or medium-sized forestry contractor businesses can apply for grants for improving forestry productivity.

For more information on eligibility, applications, and deadlines click here

New Enterprise Allowance

New Enterprise Allowance can provide money and support to help you start or grow your own business if you're receiving certain benefits.

To be eligible you must be aged 18 or over, have a business idea and receive either jobseeker's allowance (or your partner does), employment and support allowance (or your partner does), or income support (if you're a lone parent, or you're sick or disabled).

A weekly allowance for up to 26 weeks can be applied for which can total up to £1,274 and does not need to be paid back

For more information on eligibility, applications, and deadlines click here

HCC Rural Communities Fund

Rural retailers and community enterprises can apply for between £1,000 and £10,000 from the Hampshire County Council Rural Communities Fund.

Applicants must have match funding in place from other (non-Hampshire County Council) sources, and must contribute a minimum of 50% of total eligible costs.

Projects must be discussed with the Rural Communities Fund Team prior to submitting an application, email: ruralcommunitiesfund@hants.gov.uk

For more information on eligibility, applications, and deadlines click here

Innovate UK

Government-backed grant funding can be applied for through Innovate UK to research and develop a process, product or service, test innovation ideas, or collaborate with other organisations.

Innovation competitions are run throughout the year that give the chance to receive funding for specific products, sectors, or projects.

The amount available can vary from competition to competition.

For more information on eligibility, applications, and deadlines click here

 

Published: 29 Aug 2017
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