Year 1 of the Rural England Prosperity Fund (REPF): Business and Community Project Recommendations

January 9, 2024 Corporate Director (Place & Wellbeing) & Deputy Chief Executive (Officer) Approved View on council website
Full council record
Purpose

The Rural England Prosperity Fund will
allocate funding to Business and Community projects across the
District. Aiming to Support new and existing rural businesses to
develop new products and facilities that will be of wider benefit
to the local economy and to support new and improved community
infrastructure, providing essential community services and
assets.

A concurrence has been agreed upon by Cllr Mark Stephenson, Leader
of the Council & Portfolio Holder for Finance and by Councillor
Ivan Henderson, Deputy Leader of the Council, Portfolio Holder for
Economic Growth, Regeneration & Tourism.

Content

To approve, notify, and move forward to fund
the 8 recommended business projects and the 9 recommended community
projects in year 1 (2023/24) of the Rural England Prosperity
Fund.

8 eligible business applications were received, 8 have been granted
totalling £87,788.02 with £11,142.23 to carry forward
for the scheme to reopen in spring 2024.
9 eligible community applications were received, 9 have been
granted totalling £65,953.50.

Details

OutcomeRecommendations Approved
Decision date9 Jan 2024