RGN CAPITAL GRANTS
The national Rural Growth Network has specific funding and expertise available for businesses located in rural locations, to help generate rural economic growth. The North East Rural Growth Network is one of five regional growth networks across England, covering Northumberland, Durham and Gateshead.
Between 2012 and 2015 £15 million was allocated nationally, from DEFRA, to support Rural Growth Networks to deliver proposals aimed at helping rural areas overcome barriers to growth, such as poor infrastructure, scarcity of business premises and lack of business networks.
The North East Rural Growth Network delivered a programme of pilot initiatives between 2012-2015, which have been highly successful. With a funding allocation of £3.2m it has helped around 200 new businesses to establish themselves within rural areas; assisted more than 1,000 businesses with either financial support of business advice; created more than 100 new enterprise spaces at 13 business hub sites across the rural North East.