Rural England Prosperity Fund

5.Match Funding

Your business will be expected to provide a minimum of 50% of project costs. Other UKSPF grants cannot be used for match funding.

Examples of match funding levels are provided in the following table:

Type of project

Total cost

REPF contribution

Minimum match funding

Rural business projects

 

£10k

Not eligible – minimum project cost £20k due to match funding requirement

N/A

£20k

£10k

£10k (50%)

£40k

£20k

£20k (50%)

£60k

£20k (maximum grant)

£40k