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Could your business benefit from the Rural England Prosperity Fund?
Businesses and organisations in Somerset are being encouraged to find out if they are eligible for capital funding grants aimed at supporting businesses and community infrastructure in rural areas. The funding is available following Somerset Council’s successful £3.4 million submission into Government’s Rural England Prosperity Fund (REPF).

How much funding is available?
This first call for applications is seeking to allocate a total of £850,000 to eligible capital infrastructure projects. Grants can be between £5,000 and £100,000 and applicants will need 50% match funding for their project.

Is there a time frame for when these projects need to take place?
These projects must be delivered, and grant funding spent by the end of March 2024.

Ok, how do I find out if my business is eligible to apply?
The REPF has very specific criteria set by Government. Therefore, Somerset Council’s Economic Development team is urging businesses and organisations to carefully check eligibility on their website.

Further Links and Information
Find out more about the Rural England Prosperity Fund here.

Further detail can be found in the Guidance document.

To discuss a potential project please email