Business Funding

THIS FUNDING SCHEME IS NOW CLOSED.

For information only the details of the scheme are below:

Rural Business Grants Fund

The Council have launched the next round of a Rural Business Grants Fund for 2025/26. The grant programme is to help fund capital projects for small businesses that will help to improve productivity and strengthen the rural economy.

This programme will provide capital grant funding for eligible businesses by providing one off grants of between £1,000 and £15,000 at 50% intervention rate.

To meet the eligibility criteria, your business must be:

• A Small /Micro /SME mid-sized enterprise employing between 1 and 249 staff
• Based in North West Leicestershire i.e. you must pay business rates and/or council tax to North West Leicestershire District Council
• Be in “A RURAL AREA for the purposes of REPF”, as defined by the Department for Environment and Rural Affairs Rural England Prosperity Fund eligibility MAGIC map, (Please note that businesses in parts of Bardon, Coalville, Hugglescote, Thringstone and Whitwick do not qualify as rural and will not be eligible for North West Leicestershire Rural Business Grants Fund - Further advice on using MAGIC map are included in the Guidance Notes).
• Be trading as a business whose company type is either: Limited Liability, Limited Liability Partnership, Partnership, Sole Trader, Franchise, Social Enterprise or Charitable Company Limited by Guarantee.
• Not have applied for other UK Shared Prosperity Funding for your project.

And

• Be in good standing with NWLDC. For example, fully paid up on any money owed to the council such as business rates.