Rural England Prosperity Fund

Devon farmlandView over Devon countryside with fields and farmland

The Rural England Prosperity Fund has been created to boost the rural economy as part of the government’s levelling-up programme. £110m has been made available to be invested in projects that boost productivity, create rural job opportunities and support improvements in community infrastructure.

Investment will be distributed through local authorities, and the priorities of each area will be carefully considered. Farm businesses looking to diversify, community projects, rural venues, and tourism facilities could all benefit. Capital grants will also be available to support digital infrastructure in village halls, pubs and post offices, and to support new or existing natural, cultural and heritage sites. The parameters of the scheme are broad, creating a lot of opportunity for organisations and communities to be given an extra boost where it is needed most.

How to apply

If you’re looking to apply for the Rural England Prosperity Fund, here’s what you need to know:

  • The funding is available for both new and existing projects between 2023 and 2025.
  • How your project may impact the environment and how it sits with the government’s commitment to being net zero by 2050 should be considered, as this may be questioned on application.
  • How your project may benefit your local community is also likely to be questioned. For example, if the renovation of a farm or community building employs local builders and local people to subsequently run the business, the application is more likely to be approved.
  • Showing a clear and robust plan on your application is essential.
  • Funding pots will be allocated to local authorities, with application details to be announced when the funding is released. We’ll be updating this page with more information on this as soon as we have it.
  • Some local authorities have released information on how much funding they have been allocated:
    > See Teignbridge  
    > See East Devon
    > See West Devon
    > See Cornwall
    > See Somerset

How we can help

Unfortunately there is no funded support available but if you need assistance with your Rural England Prosperity Fund application, we can help you on a commercial basis, so please get in touch. We’ve been supporting rural businesses, communities and farmers for over 25 years, and we’re experts in preparing funding and planning applications.

Devon Elevation Fund

The Devon Elevation Fund, being part of the Community Renewal Fund, will provide grants of between £2,500 and £25,000 for projects that help businesses and community organisations
Learn More

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    If you're a business seeking finance, it's important to keep up to date on local funding opportunities. Stay ahead by signing up to our newsletter which regularly features all the latest funding news.
    Select "yes" in the box above to subscribe to our email list. We will send you updates on upcoming free workshops, small business-related news and articles, as well as local funding and support no more than twice a month. We never sell or share your details with third parties and you can unsubscribe at any time. Please check our privacy policy to see how we store and manage your submitted data.

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