Cost of Living Business Support
Concerned about rising costs for your business? The Growth Hub team have compiled a list of the latest cost of living and energy related schemes and guidance available. They can also offer your business support with business planning and resilience.
Find out more at https://www.heartofswgrowthhub.co.uk/cost-of-living/
UKSPF Rural Fund
Somerset has been awarded £3.4m of UKSPF Rural Funding to be spent over the next two financial years. A Rural Addendum now needs to be submitted by the end of November 2022 to provide an insight into the issues within the county and an overview of how the money could potentially be invested to help the rural economy.
The urban centres of Bridgwater, Taunton and Yeovil are excluded from this fund.
Investments may include farm diversification, such as accommodation and wedding venues. However, diversification into food production is excluded under the terms of the fund.
Defra has posed a set of questions and the response must cover Somerset’s rural economy, with identified opportunities and threats. Defra has set a series of interventions that can be used – all interventions have been selected to deliver the widest opportunities for the county.
You can complete an online questionnaire as part of this consultation.
There will also be an online consultation event held on Teams on 17 November 2022 – you can register here