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Antrim and Newtownabbey Borough Council Logo

26/07/2022

£60k funding boost for small rural businesses in Borough

Twenty small rural businesses in the Borough are set to share in a £60k funding package delivered by the Council, aimed at helping them recover from the pandemic, grow and remain sustainable.

The Rural Business Development Grant Scheme is funded through the Department of Agriculture, Environment and Rural Affairs ‘Tackling Rural Poverty and Social Isolation’ (TRPSI) programme and provides small capital grants to micro businesses in rural areas.

The grants provide capital assistance of 50%, up to the value of £4,999, for the purchase of capital equipment to aid with sustainability, recovery and development. Examples include computer equipment or software, E-commerce websites, new equipment or machinery and Covid-19 business recovery equipment such as protective screens and hand sanitizer units.

Mayor of Antrim and Newtownabbey Alderman Stephen Ross said:

“These small businesses play a crucial role in sustaining rural communities and so it is vital that they remain sustainable during this difficult time.  The Council is proud to offer support to these organisations as they recover from the effects of the pandemic and continue to grow and develop.”