£6m boost for rural businesses in Derbyshire

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Rural businesses across Derbyshire are to benefit from more than £6m of funding.

The D2N2 Local Enterprise Partnership has been allocated £6,055,134 from the European Agricultural Fund for Rural Development (EAFRD) to help stimulate growth, develop skills and boost the local economy through rural businesses.

Businesses will be able to access the funding between 2015 and 2020.

Welcoming the news, D2N2 Chief Executive David Ralph said: “The rural D2N2 area is predominantly made up of small enterprises which are often very resourceful and creative, such qualities that should be harnessed to build stronger rural economies within the communities.”

The funds are extra to the £210m already earmarked to D2N2 from the European Regional Development Fund (ERDF) and the European Social Fund (ESF).