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10/11/2020
New Rural Social Enterprises Capital Grant Scheme Announced
A new £300,000 capital grant scheme to aid emerging and established rural social enterprises to increase their capacity, potential profitability and sustainability, has been announced by Rural Affairs Minster Edwin Poots.
The Rural Social Economy Investment Scheme aims to improve rural social enterprise sustainability; to strengthen rural communities; to improve the economic circumstances of rural communities; and to work in partnership with others.
Announcing the grant scheme, Minister Poots said: "It is vital that we support our rural social enterprises to sustain and grow. The social enterprise sector exerts a significant positive impact on the Northern Ireland economy. However social enterprise activity is predominately concentrated in urban centres.
"The Rural Social Economy Investment Scheme demonstrates my Department's commitment to helping rural communities and will provide an opportunity for rural social enterprises, emerging and established, to apply for a grant of between £25,000 and £50,000 to increase their capacity, potential profitability and sustainability, whilst supporting those who live in rural areas. This will be achieved primarily through capital investment on expenditure related to non-agricultural activity."
DAERA has appointed Rural Action in partnership with the Rural Community Network (RCN) to carry out animation and pre-application support activities. Assistance for potential applicants includes virtual assistance and a number of online pre-applications workshops.
The Rural Social Economy Investment Scheme aims to improve rural social enterprise sustainability; to strengthen rural communities; to improve the economic circumstances of rural communities; and to work in partnership with others.
Announcing the grant scheme, Minister Poots said: "It is vital that we support our rural social enterprises to sustain and grow. The social enterprise sector exerts a significant positive impact on the Northern Ireland economy. However social enterprise activity is predominately concentrated in urban centres.
"The Rural Social Economy Investment Scheme demonstrates my Department's commitment to helping rural communities and will provide an opportunity for rural social enterprises, emerging and established, to apply for a grant of between £25,000 and £50,000 to increase their capacity, potential profitability and sustainability, whilst supporting those who live in rural areas. This will be achieved primarily through capital investment on expenditure related to non-agricultural activity."
DAERA has appointed Rural Action in partnership with the Rural Community Network (RCN) to carry out animation and pre-application support activities. Assistance for potential applicants includes virtual assistance and a number of online pre-applications workshops.
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Northern Ireland WeatherThis Evening and Tonight:Dry with clear skies this evening. Patchy cloud will increase at times overnight, but some clear spells too. Light winds and some patchy shallow mist or fog towards dawn. Minimum temperature 2 °C.
