A programme offering funds for rural business projects is now open. The South Devon Coastal Local Action Group (LAG) has been awarded just over £1.5 million to allocate to business projects which assist business growth, productivity and create jobs.
The LAG is a partnership originally set up in 2008 to invest in economic, environmental and community based projects to encourage innovation and promote the prosperity of the South Devon coastal area.
Applications are now open for projects which aim to help small businesses and businesses in rural services, including farming, forestry, tourism and heritage.
The area covered by the programme extends along the coastline from Plymouth to Exeter and includes the South Hams and Teignbridge.
South Devon Coastal LAG chairman John Yeoman said: “If you run a small business or you are thinking of setting up or expanding a rural business, the South Devon Coastal LAG provides a great opportunity to grow and increase productivity. It can help you to employ more people and develop a local identity in the community. Please take this opportunity and contact the LAG if you think we could help your business.”
Cllr Michael Hicks, South Hams District Council's Portfolio Holder for Strategy and Commissioning, said: “The LAG funding greatly supports economic growth in the South Hams and I urge anyone who runs a local business to apply for funding.
"Projects which receive funding help to support the local economy, increases job growth in the district, boosts our rural industries and coastal communities. This is great news for our local economy."
Anyone wishing to apply for funding should first visit the LAG website to see whether their project meets the criteria and then complete a simple project ideas form: http://drcompany.co.uk/local-action-groups/sdclag/