Rutland County Council Rural Enterprise Grant

What is the grant available for?

Rutland County Council have opened the Rutland Rural Enterprise Grant, a new initiative funded by the Rural England Prosperity Fund (REPF). This grant scheme is designed to support small and medium businesses in rural areas of Rutland, with the aim of driving economic growth, business diversification and innovation, and promoting sustainable practices.  

This grant scheme has received £200,000 from the UK Government through the UK Shared Prosperity Fund, of which the REPF is an extension.  

Businesses can apply for grants between £5000 - £20,000 for their projects. The grant will fund up to 50% of the total project costs, and the projects applied for must be capital. Projects must be completed by 31 January 2025. 

Businesses are invited to submit their interest in the scheme if they have an eligible project that will meet the scheme objectives. Businesses are encouraged to apply as soon as possible as the funding is limited and applications will be assessed as and when they are received. 

Applicants must demonstrate how their project will deliver the ‘Business growth’ objective, and at least one other:  

• business growth  
• job creation  
• community cohesion  
• innovation  
• green growth  
• wider economic impact

Capital or Revenue or Both?

Capital

Percentage of project cost

Up to 50% of project costs are covered.

Any eligibility criteria

To view eligibility criteria, click here.

What grant amounts are available?

Businesses can apply for grants between £5000 - £20,000 for their projects.

Who provides the grant?

Rutland County Council via NBV

How to apply for the grant?

1. consult with a business adviser for guidance on preparing your application and reviewing your project. Contact Rutland's Business Lincolnshire adviser at harry.haslam@bizlincolnshire.com. This support is free to Rutland businesses
2. fill out an Expression of Interest (EOI) form with details about your project
3. your EOI will be evaluated. If your project appears eligible, you will be invited to submit a full application
4. submit the full application
5. your application will undergo assessment
6. if your application is successful, you will receive a grant offer
7. once the grant offer is accepted, you can progress with your project. Please note that grants are paid in arrears, meaning that the funds will be disbursed after the expenses have been incurred and reported. You will need to cover the initial costs and then submit the necessary documentation to receive reimbursement
8. upload evidence of spending and of your project outputs and outcomes
9. once satisfactory evidence has been received, you will receive the grant funds

Rutland County Council have partnered with NBV Enterprise Solutions Ltd to help with the administration of this grant scheme. You can contact them by emailing grants@nbv.co.uk