Suffolk Rural Economy Scheme

Suffolk Rural Economy Scheme

The Suffolk Rural Economy Scheme, which has been running since October 2006 is a small grants scheme administered by Suffolk County Council, on behalf of the partners, to support viable shops and post offices across rural areas of the county.

Retail Support programme

Small one-off revenue and capital grants will be awarded to shops in rural areas, which can demonstrate sustainable economic community benefits.

The Rural Services Scheme will pay for an advisor, who specialises in retail to visit and provide advice to the proprietor, and help guide them through the application process. The scheme will provide grants up to 50% of the project costs, to a maximum of £5,000.

The aim is to assist:

  • Private rural shops, which are based in the community they serve, are viable, an asset to the community and the only business of that type in the settlement
  • Social enterprises, charities, voluntary and community groups which run, or are creating, an economically viable community shop for the benefit of their rural community

Shops with a turnover of £7500 per week or less may apply for grants to improve premises or to expand their business.

Post Office Support programme

Help is at hand from Suffolk County Council to support Post Offices in the county who wish to diversify, or shops where the post office has been closed as part of the Post Office Network Change Programme.

The Rural Economy Scheme has benefited from an additional £75,000 funding from the Local Authority Business Growth Incentive (LABGI) to help post offices that wish to diversify or are at risk of closure, and shops which have had a post office within the store closed, as part of the Network Change Programme. (LABGI is a government award scheme based on growth in business rates which Suffolk County Council has dedicated to economic development)

Urban post offices are also able to apply for grant funding under the Post Office Support Programme. In light of the current post office closure programme there is a risk that a number of Suffolk businesses (particularly shops) will be affected because they host a post office. This funding will allow businesses to diversify into more profitable markets, allowing them to grow, create and sustain jobs, and keep a village shop in the community selling goods that local people wish to purchase.

Grants will not be made to support campaigns to prevent a post office closure.

“Enterprising Communities”

The scheme has also attracted money from Investing in Communities to support "Enterprising Communities" and the funds must be spent by March 09. This section of the Rural Economy Scheme will be delivered in partnership with Suffolk ACRE.

Broadly speaking, the scheme is looking for 10 communities who have a new project to create a sustainable community business or service. This could be:

  • A community shop
  • A community building seeking to diversify income (e.g. a village hall installing a bar)
  • Establishing a regular farmer's market, craft or antique fair (or other)

Grants are around £9k per project, to include project management support to work up a feasibility study and conduct community consultations. The watch words are: "rural" "new" "economic benefit to community" and "sustainable." Applications must be from a rural community or parish council, not an individual business.

For more information, and to receive an application form, please contact Cheryl Paget, Economic Development Project Officer at Suffolk County Council on 01473 260793 or email cheryl.paget@suffolkcc.gov.uk

The Rural Economy Scheme is funded by Suffolk County Council, Babergh District Council, Forest Heath District Council, Mid Suffolk District Council, St Edmundsbury Borough Council, Suffolk Coastal District Council, Waveney District Council, and Suffolk County Council’s Corporate Regeneration Fund. Suffolk ACRE, Post Office Ltd, Rural Shops Alliance, ViRSA, and Foundation East are also part of the Rural Economy Scheme Partnership.