Honiton: new £2m Innovation and Resilience Fund open to applications

By Philippa Davies

17th Sep 2021 | Local News

A new £2m funding scheme aimed at local businesses and organisations has been launched by East Devon District Council.

The Innovation and Resilience Fund is designed to help businesses and organisations 'deliver a project', such as creating new jobs or products or reducing their carbon footprint.

What funding can be applied for?

The minimum you can get is £2,500, and the maximum is up to £50k per individual bid, or £150k for a collaborative bid (multiple businesses/organisations).

You'll have to show that the project will lead to 'exceptional positive benefits for the local economy.'

What are the eligibility criteria?

You'll need to:

  1. Have been trading before 1 January 2021;
  1. Primarily operate and trade within East Devon;
  1. Not be in administration, insolvent or has been struck off the Companies House register;
  1. Not have exceeded the permitted subsidy control threshold.

To find out more and to apply, click here to go to the East Devon District Council website.

     

New honiton Jobs Section Launched!!
Vacancies updated hourly!!
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