Rural Business Development Grant Scheme

Capital grants of up to £4,999 will soon be available to existing micro enterprises based in rural areas of Newry, Mourne and Down District Council.

The grants are for a range of capital items to support rural businesses to recover, sustain and grow through DAERA’s Tackling Rural Poverty and Social Isolation (TRPSI) Programme.

Please refer to programme guidance notes for full details of eligible and ineligible items.

Guidance notes available to download below. 

Level of Grant

Grant aid of between £500 – £4,999 is available for projects costing up to £20,000.

The Scheme can provide funding of up to 50% of costs for capital items up to a maximum of £4,999. The minimum grant awarded will be £500. The total cost of the capital project must be a minimum of £1,000 and must not exceed £20,000. Applicants must provide the remaining match funding towards the project.

This is a competitive process and all grants awarded will be determined on the base of merit.

Application dates

The scheme will be open for applications from Monday 3 August 2020.

The scheme will close for applications on Friday 11 September 2020 at 12noon.

No late applications can be accepted.

Stage 1 eligibility assessment will commence as applications are received.

Start preparing your application now. For more information click

https://www.newrymournedown.org/rural-business-development-… #nmdbusiness #reNMD #grant