Funding for holiday lets
21 Nov 2017
Considering a holiday let for additional revenue?
When we exhibited at the #FarmBiz show
a few weeks ago, we spoke to many farmers and land owners who expressed an interest in building holiday lets on their land to generate additional income.
The Wee House Company have built a number of houses that are used as holiday-lets
, all of our clients report it is an excellent return on investment. Last week we became aware of a new funding opportunity which may be perfectly aligned for this purpose. Please note, we have no association with the funding programme. Rural Growth Funding Opportunities in England U.K.
The RDPE Growth Programme
provides funding for projects in England
which create jobs and growth in the rural economy. Under the RDPE Growth Programme, there are grants for:
- Rural tourism infrastructure
- Food processing
- Business development
The grants are funded by the European Agricultural Fund for Rural Development (EAFRD), which is part of the European Structural and Investment Funds (ESIF).
For detailed information, please visit the website and either search for RDPE Growth or click here
and you will be taken to the PDF online.
The document covers the criteria, however we have selected a few points to make everyone aware of:
Who can apply?
If the project is commercial and intended to make a profit, only small businesses and farmers who want to diversify can apply. If the project is not expected to make a profit, a wide range of organisations can apply.
What the grants are for?
The grants will help fund the costs of capital expenditure on tourism infrastructure. The aim is to support projects that will encourage more tourists to come, to stay longer and to spend more money in rural areas.
How much money you can apply for?
Normally they are for a minimum of £35,000, though this will vary in some LEP areas. The amount you can apply for depends on the size of your business and where it is located.
**Please note that The Wee House Company Ltd has no alliance or partnership with this funding, our goal is to pass the information onto our mailing list.**
Interested in building a Wee House?
Visit our Wee House show home and sales office, situated at a beautiful coastal location on the A719 Ayr Road to Dunure. It is just 10 minutes from Ayr and 50 minutes from Glasgow. Use Sat Nav reference KA7 4LQ. Viewings are available by appointment.
For more information, please visit theweehousecompany.co.uk or call us on 07772 949315. Click to watch our latest video - Vision to Completion. We have built and delivered houses across the UK- from the South of England to the Outer Hebrides.