Agenda item

DAERA Rural Business Capital Grant Scheme - Tackling Rural Poverty and Social Isolation

Minutes:

The Head of Business presented the above report, a copy of which was previously circulated to Member.  The purpose of the report was to update members on funding from the Department of Agriculture, Environment and Rural Affairs (DAERA) for the roll-out of a Rural Business Capital Grant Scheme for the financial year 2020-2021.

 

Councillor Ferguson welcomed the report.  She commented that this is was a crucial time for support to be provided to businesses.

 

The Head of Business in response to Councillor Mellon advised that the scheme would provide funding support to as many businesses as possible and would be widely promoted by various sources to include social media platforms. He agreed to confirm with Councillor Mellon the total number of applicants to date.

 

The Committee

 

                        Recommended       that Council;

 

i) agrees to participate in the      second Rural Business        Development Grant Scheme in   2020-21, subject to the award of     funding from DAERA through the      Tackling Rural Poverty and Social         Isolation Programme;

 

                                                            ii) that subject to Council approval,                                                      delegated authority is granted to                                                          accept the Letter of Offer and to                                                           administer the programme on                                                                           behalf of DAERA.

 

Supporting documents: