The Rural Business Grant (RBG) supports rural businesses to invest in sustainable growth across the District. The minimum grant available through the RBG is £5,000, and to demonstrate value for money applicants will be required to offer match funding. There will be two application windows, with the current one for 23/24 still open and accepting applications. The second window will be opened in time for the 24/25 financial year. The fund will support capital investments only.
The deadline for projects to be completed has been updated. The March 2024 deadline for completion of projects applying in the current window has been removed. All projects, irrespective of which application window they are submitted will have until March 2025 to complete the actual works.
This grant is being delivered by North Kesteven District Council for DEFRA under the Rural England Prosperity Fund. This allocation is an addendum to the UK Shared Prosperity Fund.