Business in North Yorkshire are to have a chance to bid for funding from a £2.7m share in a £5.4m fund to support the rural communities.
Next Tuesday members of North Yorkshire Council’s executive will be asked to accept the cash from the Rural England Prosperity Fund, which aims to support local businesses, communities and place.
It’s intended to split the allocation in two – using £2.7 million to support local businesses and a further £2.7 million for communities and places. It’s proposed to set up a £1.5 million grant schemes for micro and small businesses, use £600,000 scheme to help grow the social economy and supporting innovation, and allocate £600,000 to develop and promote the visitor economy.
There would also be £467,000 in grant aid for community groups, £400,000 to improve green spaces, £333,000 for the local heritage offer, £333,000 for arts, culture and heritage activities, £717,000 to boost recycling, and £467,000 for volunteering and social action projects.
Council leader Carl Les, said: “This funding represents a significant opportunity for our rural communities. It is the largest amount allocated to any council in the country as part of the Government’s overall Levelling Up programme.
“The programme’s aspirations to increase pride in their local town centres and engage more with culture and community strongly align with our ambitions along with our plans for sustainable economic growth and support for local area improvements.”
The scheme, which was set up to follow last year’s launch of the UK Shared Prosperity Fund, provides 100 per cent funding for rural communities. We received a £5.4 million offer for the next two years after submitting a Rural England Prosperity Fund Investment Plan. This is the largest amount awarded to any local authority in the country.
