Chorley launches rural business grants

Chorley Council is inviting rural businesses to apply for grant funding of up to £100,000 after receiving central government backing.

Chorley Council has been awarded funding from the government’s Rural England Prosperity Fund to help supercharge growth and create employment opportunities for the borough’s rural areas.

A total of £400,000 has been allocated to support new and existing rural enterprises and initiatives such as farm diversification, projects to boost rural tourism, and community infrastructure projects including renewable energy and net zero, all contributing to the wider economy. 

Eligible applicants can apply for up to 40 per cent of their total project costs with a minimum spend of £50,000 (40 per cent grant of £20,000) and a maximum grant of £100,000 (spend of £250,000).

The fund will be managed by Lancashire County Council on behalf of Chorley Council and expressions of interest are being taken now until October 6, 2023.

Projects can include funding for the diversification of farm businesses outside of agriculture; tourism, accommodation, food and drink and improved infrastructure for businesses. 

Chris Sinnott, chief executive of Chorley Council, said: "We know the importance of our rural communities and how the businesses based in those areas are vital to the success of the borough’s wider economy.

“I am so pleased that Chorley Council has been able to secure this funding to support existing and emerging businesses, and I have no doubt that this boost will enhance growth and create opportunities for even more local people.

“Chorley for a long time has been an incredibly exciting place to do business and it’s not just for those in the more urban areas. This funding has meant that businesses from all corners of the borough can get access to support for their growth.”