Rural enterprises fund

Page updated on: 24/09/2020

Coronavirus (COVID-19)

In response to the COVID-19 emergency a number of schemes have been launched to provide financial support to assist charities and community / voluntary groups to continue to deliver services and provide much needed support in their communities. Funding is also available to businesses and organisations that have been adversely affected by COVID-19.

We recommend you also visit our business support page and the Business Wales website.

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  • Sauro Architectural Design Ltd, Carmarthen

  • Sauro Architectural Design Ltd, Carmarthen

  • Cywion Bach Nursery, Idole.

  • Cywion Bach Nursery, Idole.

  • Deintyddfa Emlyn Dentists, Newcastle Emlyn.

  • Deintyddfa Emlyn Dentists, Newcastle Emlyn.

  • Hayden Dental, Carmarthen.

  • Hayden Dental, Carmarthen.

  • Pryd o Fwyd Restaurant, Ferryside.

  • Pryd o Fwyd Restaurant, Ferryside.

  • Tea by the Sea, Pendine

  • Lewis Retail Drefach Ltd

  • Lewis Retail Drefach Ltd

Funds have been made available to provide grant aid for capital projects for the county's rural enterprises. The grant will provide assistance to enterprises and sole traders for the development of new and existing business premises, where new jobs are created as a result of the project. Priority will be given to applications that will provide tangible benefits to the local economy in terms of quantity and quality of direct jobs created in key sectors.

What is on offer?

  • The grant will be either based on £20,000 per job created or up to the following intervention rates, whichever is the lesser figure: Small Businesses: 45%; Medium Businesses: 35%; Large Businesses: 25%
  • The maximum grant is £128,000.  In exceptional circumstances this may be increased.

Eligibility

Grants for works to property are available to owners of the freehold interest in the property or to lessees holding a lease that has a minimum of seven years remaining at the anticipated time of final payment of grant. The building to be developed, improved or extended will have to be based in Rural Area of Carmarthenshire as defined in Local Development Strategy for Rural Carmarthenshire.

This fund is currently fully committed, if you would like to be placed on the waiting list should any further funding become available please contact rfurlong@carmarthenshire.gov.uk.

Download a copy of the guidelines Download an application form