Rural England Prosperity Fund
The first round of applications is now closed to submissions. There will be a full application process once the Council's Investment Plan has been approved.
Cotswold District Council has been allocated £764,292 from the Government's Rural England Prosperity Fund (REPF) to be spent over two financial years, with £191,073 available in 2023/24 and £573,219 in 2024/25. The REPF provides capital funding to:
• Support new and existing rural businesses to develop new products and facilities that will be of wider benefit to the local economy. This includes farm businesses looking to diversify income streams
• Support new and improved community infrastructure, providing essential community services and assets for local people and businesses to benefit the local economy
In order to confirm the funding, the council needs to submit an 'Investment Plan' to the Government by the end of November setting out how we will use the funds. To help us develop the most effective investment plan possible, we are asking businesses and organisations to submit any project ideas they have. This will help us to understand the types of projects currently being worked on and their scale. Projects must be deliverable by the end of March 2025 and must comply with the REPF guidelines and can be anywhere within the Cotswold District.
Please note that by submitting your ideas you are not committing to undertake the project and neither is the Council committed to funding it. There will be a full application process for local projects once the Council's Investment Plan has been approved.
The initial submission process closed on Friday 21 October 2022.