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Rural Business Investment Scheme

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Derry and Strabane Rural Partneship

Budget: £2,586,000

The Rural Business Investment Scheme provides investment support for the creation and development of non-agricultural and non-food activities for micro and small enterprises (e.g. farm diversification, tourism, craft, recreation and other non-agricultural businesses).  The primary objective of the scheme is to create new jobs. Funding is primarily for capital grants with some resource funds towards bespoke training and marketing. All businesses must attend mandatory pre-application workshops.

Click here for an information sheet which provides further details of what is eligible, funding criteria and requirements for applying.

There have been a total of four calls to date with 26 businesses awarded of £1.3 million which created 68.5 jobs.

Click here for a list of all awards to date with provides a breakdown of business location, application type and project description.  

Call 5 will open with mandatory pre-application workshops in September 2018.  Any businesses interested in applying must attend one of these workshops and complete an Expression of Interest form (even if attended in a previous call).  

Click here to view the advert 

Click here for workshop dates and details of how to book a place. 

Scheme at glance:

  • For micro, small and social enterprises in rural areas.
  • For non-agricultural/non-food activities.
  • Primary objective is to create new jobs.
  • Primarily capital grants with some resource funds for marketing and bespoke training.
  • 50% funding available.
  • Grants between £500 and £90,000 depending on activity and size of enterprise.
  • Only one application per business per call.
  • Replacement investments are not eligible (e.g. like-for-like equipment)
  • Potential applicants must attend a pre-application workshop and be ‘investment ready’ (e.g. business plan, planning permission, match funding and quotations).

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