Rural businesses and organisations are being invited to apply for capital only grants to help them boost productivity, improve community buildings, improve accessibility to tourist attractions and green open spaces that support our local communities and businesses.
The scheme aimed at boosting the rural economy is now open to applications and closes on Monday 12 May 2025 at midday. All projects must be able to complete their projects by the end of January 2026. Businesses or organisations that have received funding from the Hinckley and Bosworth Business Prosperity Fund or the Rural England Prosperity Fund to the maximum amount are not eligible to apply.
Those eligible for the grant include businesses and local organisations that wish to invest in new technologies and equipment that increase productivity; protect and improve local historic buildings and tourism venues which can include new kitchens, energy efficiency improvements and cultural offerings; provide diversification outside of agriculture and develop local tourism attractions. There are a range of grants available, with funds from £5,000 to £20,000. The grants also have an intervention rate of 75%, meaning businesses and organisations need only find a minimum of 25% of the total eligible project costs to apply. This project is funded by the UK government through the UK Shared Prosperity Fund.
Full information and how to apply to the Hinckley and Bosworth Rural England Prosperity Fund scheme can be found on the Hinckley and Bosworth Borough Council webpage: www.hinckley-bosworth.gov.uk/ruralprosperity
