26th January 2017
Micro businesses, companies producing food products and cycle networks in the rural areas covered by the D2N2 Local Enterprise Partnership will receive a £3million investment boost.
Money for the three programmes is being made available via the European Agricultural Fund for Rural Development (EAFRD) portion of D2N2’s current EU funding. The D2N2 LEP is the private-sector led partnership of businesses, local authorities, skills and training providers, and community and voluntary services which promotes economic growth across Derby, Derbyshire, Nottingham and Nottinghamshire.
The details of the three new programmes which project organisers can bid for funding from – via the Department for Environment, Food & Rural Affairs (DEFRA) website – are:
*Food Processing – £501,253 is being made available to support the growth of food and drink processing businesses.
Priority will be given to projects which:
View the
*Business Development – £1.6million is being made available to invest in rural micro and small business ventures, including farming businesses diversification into non-farming activities (for example, land used for tourism or leisure-based attractions).
Priority will be given to projects which:
*Rural Tourism Infrastructure – £928,247 will be used to develop rural tourism infrastructure, particularly recreational cycling, in D2N2’s rural areas.
Project bidders can apply for capital funding to build schemes which connect rural attractions, encouraging more recreational cycling and greater numbers of visitors to come to those areas.
Priority will be given to projects which:
For more information about all three programmes and to apply for funding go to Gov.Uk website Grants given will only cover a percentage of projects’ costs, with successful bidders expected to also invest.
The D2N2 LEP will be holding a free ‘Rural Means Business Conference’, to give potential applicants more information on available funding through the three EAFRD programmes. It will be held from 10am to 3pm on Wednesday February 15 at the Bramley Building, Nottingham Trent University’s Brackenhurst Campus, Southwell (NG25 0QF). It will include information on grants available to help rural enterprises through both EAFRD and the LEADER European funding programme. To book to attend this free event go to the D2N2 Events page.
The first D2N2 Rural Means Business Conferencewas held in 2015 (pictured above).
Peter Richardson, Chair of the D2N2 Local Enterprise Partnership, said: “It’s estimated around a third of jobs in the D2N2 LEP’s area are based in rural areas, but employers there tend to have less access to the benefits of infrastructure and business development opportunities seen in urban areas.
“Targeted funding via the D2N2 LEP, such as the European Agricultural Fund for Rural Development grants being made available from today, help level the playing field; growing jobs and businesses which people living in rural areas rely on.”
In 2013, Government asked England’s (then) 39 Local Enterprise Partnerships to draw up a six year strategy for how they would spend a European Structural and Investment Funds (ESIF) allocation. D2N2’s innovative strategy saw it awarded one of the largest allocations of any LEP in the UK, receiving € 250million for projects, to be spent in its area up to 2020. The three main EU funds within the ESIF are the European Regional Development Fund, European Social Fund and EAFRD.
For more information about how the D2N2 LEP is using its ESIF funding to grow the economy of and jobs in its area of Derby, Derbyshire, Nottingham and Nottinghamshire go to web link
For further information about this media release contact D2N2 Communications Manager Sean Kirby on 0115 957 8749 or email: sa.ib@22e.renkrydnlpog
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