Cumbria rural grants given to 76 businesses from £1m fund
Summarised from 2 outlets · Updated 19 Oct, 18:02 · Archive
Seventy-six Cumbrian businesses have received grants totalling £1 million through a rural enterprise scheme.
Seventy-six Cumbrian businesses have been awarded grants totalling £1 million through the Cumbria Rural Enterprise Grants scheme. The scheme received 470 expressions of interest requesting £10.8 million, with an additional 35 late submissions requesting nearly £700,000.
A grant panel reviewed 134 full applications, requesting almost £2.3 million in total. With only £1 million available, the panel selected 18 pre-start businesses and 58 existing businesses for funding. Panel members included representatives from Armstrong Watson, Cumberland Building Society, NatWest, and local councils.
Lesley Robinson, head of business growth and support at Cumbria Chamber of Commerce, said: 'We were expecting to be oversubscribed but the sheer volume of expressions of interest received was staggering and clearly demonstrates the desire and continuing need for business grants and access to funding.' The scheme is delivered by the chamber on behalf of Westmorland and Furness and Cumberland councils, with funds secured by Cumbria Combined Authority.
How it is being reported
- Cumbria rural grants given out as 76 businesses share £1m funding potMore than £11 million in funding requests in Cumbria has been made through a rural enterprise grant scheme.Cumberland News · 19 Oct, 17:25
- Cumbria rural grants given out as 76 businesses share £1m funding potMore than £11 million in funding requests in Cumbria has been made through a rural enterprise grant scheme.NW Evening Mail · 19 Oct, 17:25
In this story: Cumbria · Cumbria Chamber of Commerce · Westmorland and Furness · Cumberland · Cumbria Combined Authority · Armstrong Watson · Cumberland Building Society · NatWest
This summary was written by AI from the headlines and standfirsts above, and states as fact only what at least two outlets report. How we use AI · Report a problem
Comments (0)