Cumbria Local Enterprise Partnership is determined to build on the county’s strengths to increase Cumbria’s Gross Value Added (GVA) by working together to exploit local talents, building on entrepreneurial culture, implementing new approaches and ensuring that investment and agreed interventions are targeted at the key issues and opportunities.
Cumbria Local Enterprise Partnership has an allocation of approximately £72m of European Funding for the period 2014-2020. This offers significant opportunities to support business growth, to create jobs and improve skills levels. European funding calls currently open:
European Agriculture Fund for Rural Development:
Rural Tourism Infrastructure - A £1.2m investment is available to support the development of tourism infrastructure throughout rural Cumbria. The aim is to support projects that will encourage more tourists to visit Cumbria, stay longer and spend more money in rural areas – particularly to encourage international tourists to visit.
Rural Business Development - Funding of £1.5m is to assist rural business development with grants to enable farm diversification or business innovation and growth. Grant funding can help pay for constructing or improving buildings and/or buying new equipment and machinery or to increase building productivity. Minimum grant is £35,000 up to maximum £170,000 (dependent on deminimis levels); and
Food Processing - £1.4m – capital grants available to help food processing businesses to develop and extend supply chains, enabling them to export their goods as well as achieving business growth, investment in new techniques and processes. It is aimed at food and drink businesses which process agricultural and horticultural products.
European Regional Development Fund
Low Carbon Funding - £2.5m of ERDF funding is available to support projects to deliver low carbon schemes throughout Cumbria. The call is open until 31st October 2017 with fixed assessment points on 30th April and 30th July. The call seeks applications that can deliver under the following key areas; Energy efficiency and renewable energy use in enterprises; Energy efficiency, smart energy management and renewable energy use in public infrastructure and in the housing sector; Promoting the production and distribution of energy derived from renewable source; Promoting research and innovation and the adoption of low-carbon technologies; Promotion of low carbon strategies and whole place low carbon solutions.
Solway Border & Eden LEADER have six calls for projects to fund that are currently open, relating to:
There are three funds available:
To find out more about the NPIF and to hear how it could support your business growth plans, Please contact Maria Ramsdale on T: 01768 213074 or E: [email protected].