Rural England Prosperity Fund

Did you know that the government has recently allocated up to £110 million to support countryside businesses across England including wedding venues?

As the rural productivity gap widens across England, the government has announced a new plan set to level up rural communities. The Rural England Prosperity Fund worth up to £110 million will be delivered by eligible local authorities and aims to boost rural productivity by unlocking billions of investment for local businesses over the coming years.

The report “recognises the unique strengths and challenges of rural communities” and explains how rural interests will be at the heart of the government’s approach as they support local leaders to invest and grow their economies in line with local priorities.

The Rural England Prosperity Fund is available from April 2023 to March 2025 and can be accessed by completing a short template outlining how you’ll use your funding allocation to support rural businesses and communities.

Despite the long-term government neglect of the UK’s countryside economy, we are pleased to hear that the government is addressing the issue with a programme set to unlock the economic and social potential of the countryside.

What are your thoughts? We’d love to hear them in The Collective!

To read the full Rural Fund report, click HERE.