What is the Rural Business Investment Scheme Derry City – Strabane District Council?
The primary objective of the Rural Business Investment Scheme (RBIS) is to create new jobs – with funding targeted at micro, small and social enterprises engaged in non-agricultural activities. The scheme is primarily for capital grants (e.g. equipment, construction) with a small level of resource funding available (e.g. marketing, training). In total, six calls were opened under the scheme between 2016 and 2019 with a deadline of 30th September 2019 to approve all grants. The Partnership has now allocated £2.5 million to 55 rural businesses – supporting over 130 projected new jobs in the rural economy.
The TRPSI Programme is funded by the Department of Agriculture, Environment and Rural Affairs, and this grant Programme is administered and managed by local councils. he Tackling Rural Poverty and Social Isolation Programme’s (TRPSI) Rural Business Development Grant Scheme aims to support the sustainability, recovery, and development of rural micro-businesses across Northern Ireland by providing a small capital grant for the business.
Eligibility criteria for the Rural Business Investment Scheme Derry City – Strabane District Council?
Businesses that previously received funding under the 2020-21 TRPSI Rural Business Development Scheme are not eligible to apply to this programme.
Grant aid is available for a range of capital items including:
- Computer equipment and software
- E-commerce websites
- New equipment/ machinery
- Mobile machinery, such as scissor lifts, forklifts, ride-on lawn mowers.
- Covid-19 business recovery equipment, including free standing screens and hand sanitizer units (the hand sanitizer is not eligible).