Rural England Prosperity Fund (REPF)
Rural England Prosperity Fund allocation: £1,367,953
The Rural Fund supports the ‘Communities and Place’ and ‘Supporting Local Business’ priorities of the United Kingdom Shared Prosperity Fund (UKSPF) with additional funding for rural communities and businesses.
The REPF is a rural top-up of the core UKSPF funding allocation to address the challenges of our rural areas, such as lower job density and barriers to accessing key services.
Rural areas, for the purposes of the REPF funding, are defined as:
- towns, villages and hamlets with populations below 10,000 and the wider countryside
- market or ‘hub towns’ with populations of up to 30,000 that serve their surrounding rural areas as centres of employment and in providing services
Our projects
Investment in small and medium sized businesses in rural areas
Capital grant funding for small scale investment in small and medium enterprises (SMEs) in rural areas. Capital grants of up to £100,000 per business to support rural businesses and delivered through a procured contract, along with rural grant support from the UKSPF.
This project is being delivered by Ngage Solutions.
Rural Transport Scheme
Match funded grants with the REPF to provide capital grants to address the pertinent economic and transport challenges faced by rural communities. Capital grants for VCSE organisations to deliver rural transport solutions, along with revenue support to deliver these solutions (including fuel and insurance) available through the UKSPF.
Last updated 15 May 2024