In a substantial boost to rural businesses, the Rural Business Grants scheme has been launched in Cornwall and the Isles of Scilly. With a commitment of £1 million, this initiative aims to empower rural enterprises, from farms to tourism providers, and food and drink producers. The grants are set to stimulate development, diversification, and growth in these vital sectors.

The Rural Business Grants are a financial lifeline for rural enterprises looking to expand and thrive. These grants, starting from £2,500, are specifically tailored to support a wide range of activities that can revitalise rural economies. The primary goal is to foster innovation and sustainability within the rural business landscape.

Businesses in Cornwall and the Isles of Scilly can access these grants for a variety of purposes, including but not limited to:

• Nature Recovery Investments: Encouraging businesses to undertake projects that promote biodiversity and ecological conservation.
• Tourism Enhancement: Extending the tourism seasons, improving facilities, and enhancing visitor experiences to boost the local tourism industry.
• Conversion of Farm Buildings: Converting disused farm buildings into commercial spaces, potentially unlocking new revenue streams.
• Rural Community Enterprises: Supporting the establishment of community-led businesses, such as cooperatives, that benefit the local community.

To access these grants, businesses must contribute at least 50% of the total project cost. This means that for every £1 of grant funding, businesses need to invest £1 of their own resources. This matching requirement ensures a shared commitment to the projects and helps leverage additional resources for rural development.

How to Apply

For detailed guidelines, eligibility criteria, and the application process, visit The Federation of Small Businesses. The website provides information and resources to help businesses navigate the application process successfully. The deadline for expressions of interest is on Monday 12 February.