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Home > Business > UK Shared Prosperity Fund > Rural England Prosperity Fund

Rural England Prosperity Fund

The Rural England Prosperity Fund (REPF) aims to improve productivity and strengthen the rural economy and rural communities. The REPF is a top-up to and complementary to the UK Shared Prosperity Fund and succeeds EU funding from LEADER and the Growth Programme which were part of the Rural Development Programme for England. To drawdown the funding, an addendum to the UKSPF Investment Plan was submitted to Government on 30 November 2022 by East Suffolk Council. The submitted and approved addendum identified the challenges and opportunities for the East Suffolk's rural businesses and communities through data driven evidence and stakeholder consultation to shape our priorities for REPF funding.

During the period 2023/24 – 2024/25 East Suffolk Council have successfully provided £1.129m in grant funding to 52 business and community organisations within the district.

For 2025/26, East Suffolk have a further REPF allocation of £338,897, which will provide capital grants to small businesses and community infrastructure in the district's rural area.

The following grant schemes are available during 2025:

Rural Business Investment Fund
Rural Business Investment Fund Grant guidance Rural Business Investment Fund Grant application

East Suffolk Council are offering a unique opportunity for rural small-to-medium sized businesses within the district to access capital funding to support new and existing rural businesses to develop new products and facilities that will be of benefit to the local economy.  

We are seeking small to medium scale projects that will see one of the following priorities be met:  

  • Diversification of farm businesses outside of agriculture to encourage start-up, expansion, or scale-up of these businesses, including where this involves converting farm buildings into other commercial or business uses – i.e. rural leisure and tourism facilities.  
  • Development of local visitor experiences in rural areas based on the local offer. 
  • SME investments in new products or facilities to ensure the rural business offer and that meets an identified market demand.  

Please note: REPF must not be used to fund farming equipment or infrastructure or to diversify within agriculture. Applicants looking for funding for this type of activity must use existing Defra grant schemes, such as the Farming Investment Fund.  

Grants of between £10,000 - £30,000 per application are available.  

The maximum grant intervention will be for 75% of eligible costs. This means that the minimum project cost we can support is £12,500.  

Please carefully read the grant guidance before applying and apply using the e-form above.

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