Business Creation and Development

Support for Creation and Development of Private Sector and Social Economy Businesses

Aim: To provide support to existing and new start-up micro enterprises or social economy enterprises in order to:

Improve capital infrastructure
Create employment opportunities
Develop the local rural economy

To be classed as a micro-enterprise or social economy enterprise and be eligible for support under this measure, businesses (including linked companies) must employ less than 10 full-time (or equivalent) staff and have an annual turnover of less than 2million Euro.

For examples of micro-business projects supported under the previous Rural Development Programme 2000-2006, please click here (Link to micro-business project profiles)

Activities which may be eligible for support under this Measure include:

Light engineering & manufacturing
Crafts
Traditional skills
Innovative services

What funding is available?

Activity	Level of Support	Maximum Grant
Grant-aid towards capital and resource costs.	Up to 50% for the private sector Up to 75% social economy sector	£50,000

Please note that the maximum grant aid towards marketing activities is £5,000. If your project includes a marketing element, the total maximum grant remains £50,000.

Grow South Antrim

invest together ... grow together

Business Creation and Development