New Forest Rural Resilience Fund has launched
Wednesday May 6th, 2020
Small and medium sized businesses in the New Forest are now able to benefit from a new £25,000 grant fund. The fund has been developed by Solent Local Enterprise Partnership working in collaboration with New Forest District Council.
Grants of up to £2500 will be provided to rural businesses which are looking to develop alternative ways of working during the coronavirus pandemic. The grants must be matched with private funds (50 percent of total costs) and the funding will be provided in advance with full evidence of expenditure to be provided within three months.
This new grant is available specifically to businesses which are not eligible for either the Small Business or Retail, Leisure and Hospitality Grants administered by New Forest District Council. The fund recognises that a significant proportion of local businesses have fallen outside the scope of the funding announced to date but still require financial assistance to strengthen resilience.
Projects which businesses choose to undertake must safeguard jobs and demonstrate how they will benefit the New Forest’s rural economy in order to be eligible.
For further details, guidance and information on how to apply, please visit newforest.gov.