CAMBS councillors are urging rural businesses to see if they could benefit from a new £60 million grant scheme announced by the Government.
The Rural Economy Grant scheme asks rural businesses to apply for individual grants which could range from £25,000 to more than £1m each. The objective is to support the businesses in increasing competitiveness and profits.
Cambridgeshire County Council wants to help business boom locally and drive forward the economy, help create jobs and raise the standard of living for communities.
The Government says successful applicants will receive up to 40% of the cost of projects and the five areas they anticipate the scheme supporting will be in farm competitiveness; agri-food; tourism; forestry and micro enterprises such as digital media technology and small scale, high value manufacturing.
Applications for grants are now being accepted and further information is available at:
Cambridgeshire County Councillor Mathew Shuter, Cabinet Member for Enterprise, said: “The County Council wants to make sure businesses and especially those in our rural areas hear about every opportunity they can to help grow their company. A successful local economy means more jobs for our communities and a better standard of living. It has been shown that Cambridgeshire can help kick start the national economy. This grant from the Government might not be suitable for every business but we hope people will look to see if it can help them.”