The application window will open on 5 July 2021 and close on 20 August 2021.
The indicative budget allocation for this application window is £2m.
RBIS (Non-Agri) covers capital investments costs and supports projects in Wales that
contribute to one or more of the following:
- the diversification of the rural economy,
- the development of the supply chain for natural products,
- increasing the productivity, efficiency and competitiveness of rural businesses.
The scheme is open to existing and start up Non-agricultural micro and small enterprises including farmers or members of the farm household diversifying into non-agricultural activities.
Applicants will be required to demonstrate that a viable market has been identified for
their product(s) and that the project would not proceed without the grant. The scheme
is discretionary and the amount of grant offered will relate to individual circumstances
and would always be the minimum amount necessary to allow the investment to go
ahead.
The maximum grant rate for any individual investment project is 40% of the total
eligible costs.
The maximum grant threshold per undertaking for any individual investment project is
£50,000, and the minimum is £5,000