13 Nov Capital Grants Available for Rural Businesses in North Northamptonshire

Rural businesses in North Northamptonshire are being invited to apply for capital grants of up to £50,000, aimed at supporting resilience and growth within the local economy. These grants can be utilised for essential investments in equipment or for undertaking necessary extensions and alterations.

The current round of grant applications is particularly focused on promoting rural diversification and supporting the visitor economy. Projects that aim to diversify business operations or enhance tourism will be prioritised. Eligible projects should be ready to commence quickly, with all spending required to be completed by 28 February 2025.

Businesses in North Northamptonshire looking to innovate and expand should seize this funding opportunity. This grant scheme not only provides essential support for projects but also contributes to the overall vitality of the community and interested businesses are urged to apply.

The grants are funded through the UK Shared Prosperity Fund, which has allocated £2.6 billion for local investments by March 2025. The fund’s objectives include enhancing community pride and improving life chances across the UK by investing in local businesses and skills development.

Businesses interested in applying for these grants can request an application form by emailing ukspf@northnorthants.gov.uk with their business name and address. The deadline for submission is 8 am on Monday, 16 December 2024, so timely action is encouraged.