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The Isle of Wight Rural Fund


The Isle of Wight Rural Fund is a competitive fund managed by Natural Enterprise on behalf of the Solent Local Enterprise Partnership (LEP).

The Isle of Wight Rural Fund seeks to support the Solent economy by providing grants to rural small and medium sized businesses (SMEs) with potential for economic growth, leveraging in private sector investment, creating or protecting jobs and assisting the rural sector on the Isle of Wight.

The fund was launched in January 2016 and was designed to continue the positive work of LEADER, supporting the Isle of Wight rural economy. To date the Solent LEP has allocated a total of £975,000 to the fund for Isle of Wight businesses.

  • Grants are generally available for capital expenditure between £2,500 and £50,000.
  • Grants must be matched with private funds (at least 50% of total costs)
  • All projects need to create and / or safeguard jobs to be eligible.
  • Those projects creating a higher number of jobs will be prioritised.
  • Projects must also demonstrate how they will benefit the Isle of Wight’s rural economy.
  • The Isle of Wight Rural Fund is now closed for new applications.

      For more information and an Expression of Interest Form please email or call us on 01983 296244.

      If you require information on how to find local business support please contact us for a list*.

      *NB Natural Enterprise do not recommend any one particular business or individual and seeking Business Support is not a funding requirement.