Capital grants up to a maximum of £4,999 are now available to support the sustainability, recovery and development of micro businesses through DAERA’s Tackling Rural Poverty Social Isolation Programme (TRPSI). Capital grants can provide up to a maximum of 50% grant rate and are available to existing micro enterprises based in rural areas of Newry, Mourne and Down District Council.
The capital grant scheme can assist with funding new capital equipment/machinery; computer equipment and software; e-commerce websites; and Covid-19 business recovery equipment. Grants are available to support the recovery, sustainability and development of existing micro businesses based in rural areas who have not previously received funding under the TRPSI Rural Business Development Grant 2021. Businesses who were successful in 2019 and 2020 are eligible to apply.
Similar previous Rural Business Development Grant Schemes provided under DAERA’s Tackling Rural Poverty and Social Isolation (TRPSI) Programmes in 2019, 2020 and 2021, resulted in 137 successful local projects with a grant funding of £412,412 and a total investment value in the Newry, Mourne and Down District Council area of over £825,000.
A mandatory pre-funding workshop must be attended prior to applying for the scheme which opens for applications on Wednesday 4 May 2022, closing on Tuesday 31 May 2022 at 12noon.
Guidance notes and details of pre-funding workshops are available here.
Businesses can also speak directly with a member of the Newry Mourne and Down Council Rural Development Team with regards to eligibility, the application process and your project idea. To arrange a call back or to register for the mandatory pre-funding workshop, email firstname.lastname@example.org Alternatively, call 0330 137 4000 and ask to speak to a member of the Rural Development team.