Local businesses in Bath and North East Somerset are being encouraged to apply to a new £60 million Government grant aimed at boosting the rural economy.
Conservative councillors in the area are urging local businesses to take advantage of the new Government scheme, which was recently launched by the Secretary of State for Environment, Food and Rural Affairs, Caroline Spellman MP.
The scheme aims to support rural businesses by providing grants ranging from £25,000 to £1 million to support projects aimed at in increasing their competitiveness and profits. The scheme is particularly aimed at businesses involved in agriculture, tourism, forestry and micro-enterprises specialising in media technology or small-scale manufacturing.
Local businesses interested in the scheme can find more information and apply for grants athttp://rdpenetwork.defra.gov.uk/funding-sources/rural-economy-grant. Initial outline applications need to be submitted by the 30th April.
Cllr Patrick Anketell-Jones, Conservative Shadow Cabinet Member for Sustainable Development, said:
“This is a positive scheme launched by the Government which has the potential to help local businesses in rural B&NES to become more competitive and grow. It would be great if some businesses in our area were to benefit from a share of the £60 million on offer, so I would encourage any businesses which think they may be eligible to look into the scheme and apply for funding. The rural economy has the potential to support significant economic growth in B&NES, but it will require support from the Council and Government to deliver this, such as through grants like this one and investment in things such as Broadband internet and other local infrastructure.”