Measure 3.2 Business Creation and Development - Private Sector Businesses and Social Economy Businesses

(Developing Rural Enterprise Measure)

Click to apply online - www.eugrants.org (opens new window) In the event of this website not working, a completed application form (in Word format) may be emailed to us before the relevant deadline. *Please note: We prefer your application is made online through the eugrants.org website to avoid duplication of effort.*

What will this Measure do?

This Measure will provide support to existing micro-enterprises or social economy businesses or to persons or groups wishing to set up a new micro-enterprise

This measure is applicable to businesses which are not based on farms.

Why?

To create employment opportunities and develop economic infrastructure in rural areas

Who can benefit?

Existing micro-enterprises and social economy businesses (less than 10 employees)

Persons wishing to set up a new micro-enterprise or social economy enterprise

This Cluster area contains 10,915 VAT registered businesses

Please note: This is a competitive programme

What type of projects can be supported?

Activities could be similar to those funded via the Northern Ireland LEADER+ Programme. Types of projects that might be supported under this Measure could include:

  • Day-care facilities
  • Waste management facilities
  • Crafts
  • Traditional skills
  • Innovative manufacturing businesses
  • Light engineering
  • Innovative services
  • Renewable energy initiatives (as part of a larger project)

Click here for further information on eligible activities

What type of grant and how much?

Activity

Level of support

Maximum Grant

1. Technical support for business plans or feasibility plans to help new businesses become established and to help existing businesses consolidate and expand and for bespoke training directly related to project applications( which is not on offer from any other provider ) and for marketing support

Up to 50% (Private Sector)

£5,000

Up to 75% (Social Economy Sector) £5,000
2. Grant aid towards capital and resource costs Up to 50% ( Private Sector) £40,000
Up to 75% (Social Economy Sector) £40,000

You can top up the maximum grant to £50,000 if you add an approved maximum £10,000 renewable energy element to your project.