Funded through the Rural England Prosperity Fund (REPF) by Defra, just over £1.8 million has been allocated across the two-year programme to help Buckinghamshire’s rural businesses with building costs and equipment.
The funding will be delivered by Buckinghamshire Council, with the application process being administered by Buckinghamshire Business First.
What kinds of projects can be funded?
Typical projects eligible for funding include, but are not limited to:
- farm diversification – such as converting farm buildings into other commercial or business uses
- tourism initiatives
- food and drink processing
- other rural enterprises
Eligibility guidelines for the Bucks Rural Business Grant
- Businesses applying must be micro to small enterprises (0 to 50 employees with a turnover of less than €10 million).
- Projects need to be new and cannot have started already (no retrospective funding).
- Projects will need to be within an eligible geographic / rural area* (use this interactive map to check if you are located within an eligible area).
- New or established businesses can apply.
- Individual grant amounts will be from £2,500 to £300,000.
- Grants will initially be offered at 40% of the total eligible project value.
- Projects will need to be approved before expenditure can be incurred.
- This is a two-year scheme and projects will need to be completed, having evidenced spend and claimed funding awarded, by March 2025.
Apply for funding
You will need to submit an expression of interest outlining the details of your project. This will be reviewed and, if the project is eligible, you will be invited to complete an application.
You can learn more and submit an expression of interest for the Bucks Rural Business Grant via Buckinghamshire Business First here.