Are you an IW rural business? Are you seeking capital funds to invest in your business that will create jobs? IW Rural SME Fund has grants available now!
The Isle of Wight Rural SME Fund is a competitive £300,000 fund managed by Natural Enterprise on behalf of the Solent Local Enterprise Partnership (LEP).
The Isle of Wight Rural SME Fund is a competitive fund offering grants of between £2,500 and £50,000 to support projects from rural businesses which generate sustainable growth, represent strong value for money, and create or safeguard jobs at Island businesses. Funding can be used to support up to 50% of a projects total cost.
Grants will have to be claimed by 30 September 2018 and jobs created, by 31 December 2019 for the 2017-18 fund.
Grants will have to be claimed by 30 September 2019 and jobs created, by 31 December 2020 for the 2018-19 fund.
Who can apply?
Applicants to the fund must be established SMEs from the rural sector who are based on the Isle of Wight or able to demonstrate benefit to the rural economy.