New Grant Funding Available for UK Food & Drink Manufacturers

August 3, 2017 Food and Drink Manufacturers

Up to 50% grant available for expansion projects

The Rural Development Programme for England (RDPE) has now been launched, covering many of the Local Enterprise Partnership (LEP) areas in the country.

RDPE provides funding for projects in England that create jobs and growth in the rural economy.  Under the RDPE Growth Programme there are grants for business development, food processing, and rural tourism infrastructure.

Who can apply?

Food and drink businesses that process agricultural and horticultural products (e.g. meat, milk, grain, root vegetables and soft fruit).  Any size of business can apply, but priority is given to SMEs.

Eligible expenditure? 

Constructing or improving buildings, new equipment and machinery and achieve at least two of – create new jobs (at least 1 FTE for every £30,000 grant), increased turnover & profitability, improved productivity, provide direct benefits to local farmers and growers, create new links between growers and processors, and sell more products locally, nationally and/or through exports.

How much?

This depends on each LEP area and the type of products produced.  The minimum grant award starts at £35,000 up to a maximum of £1m in some LEP areas.  The maximum grants very by area from 20% to 50%.

How to apply?

The application process is in two parts, typically taking between 5-6 months.  There is an Expression of Interest deadline of 31st January 2018 and final claims submitted by 31st March 2019, subject to availability of funds.

Want to find out if you’re eligible or apply?

Get in touch today to arrange a discussion with one of our team;

Call: 0161 832 6221