The Rural England Prosperity Fund (REPF) is a ‘top up’ fund allocated to Rural Districts in England as an addition to the UK Shared Prosperity Fund (UKSPF).
North Kesteven District Council has been allocated £224,218 for the 25/26 financial year. This funding will be used to deliver the Business Energy and Resources Grant (BERG) scheme which will be a discretionary capital grant that will support small and micro business operating in North Kesteven with investments aimed at reducing energy costs and improving resource efficiency.
The grant programme aims to meet Government missions to kick-start the growth of the economy and develop the circular economy within rural North Kesteven. It seeks to improve energy efficiency of rural business by lowering emissions, managing resources and encouraging the development of green tourism. Thereby also improving the competitiveness of rural businesses while protecting and enhancing our rural environment which is The District’s distinctive Place defining asset enjoyed by all.
An additional £50,000 from core UKSPF funds has been added to this grant scheme pot to deliver to businesses that would otherwise be geographically ineligible based on REPF criteria.
The grant will support investments in energy saving and efficiency technologies including Solar PV Panels, Battery Storage and Heat Pumps.
See further details on eligibility via the NKDC Website.
