The Greater Cambridge Greater Peterborough LEP area has over 31,000 SMEs based in rural areas and a rural population of over half a million. Creation of jobs in rural areas is important to the future economic growth of the LEP area.

GCGP is seeking to help rural micro and small businesses grow and expand to create new jobs and increase productivity.

Who can apply for a Business Development Grant?

Small rural businesses – new or existing. This includes farmers who want to diversify into non-agricultural activity. To see whether your area is classed as rural, you can view a map here.

Priority will be given to projects that show one or more of the following:

  • Create new or expand existing micro and small businesses in rural areas improving productivity in the following growth sectors:
    • Food & drink
    • Agri-technology
    • Clean-technology
    • Bio-technology
    • ICT, digital and creative industries
  • Enable diversification of farming businesses into non-agricultural activities, including:
    • Creation of rural workspace and workshops
    • Creation of on-farm retail
    • Creation of tourism-related accommodation and facilities
  • Create new higher skilled jobs above the current average skill level of jobs in the applicant business
  • Create at least 1 full-time equivalent job for each £25,000 of grant investment

What is the Business Development Grant for?

The grants are to help rural businesses grow and create more jobs.

How much money can be applied for?

The minimum grant is £50,000 and the maximum grant is approximately £170,000.

How do I apply?

The application process together with step by step guidance on how to complete the initial Expression of Interest documentation, can be found on the .Gov website, via the link on the right hand side.

Growth – Flyers High Res Business Development

Grants of £50K to £170K

Job Creation

Supporting Rural Areas