See our dedicated website page on the Devon Elevation Fund = click here
The Devon Elevation Fund (DEF) is funded through the UK Community Renewal Fund.
The scheme is offering grants of between £2,500 and £25,000 to projects that help businesses and community organisations to:
- Respond to the different trading environment resulting from COVID-19
- Plan for future growth and development
- Develop new products and services
- Improve infrastructure
- Assess the feasibility of future initiatives
It is open to Small and Medium Enterprises (SMEs), including start-ups and social enterprises. Community organisations, including business/community groups, parish, town, and district/borough councils, can also apply.
The programme aims to encourage the creation of new businesses and new jobs while safeguarding existing jobs. Start-ups, particularly from disadvantaged and underrepresented groups, can also be supported.
The fund will encourage opportunities for innovation and growth through the development of new products and feasibility studies for future projects to deliver innovation and change.
Priority will be given to projects that support the county’s plans for recovery and growth; and will help level-up economic and social inequalities. This includes supporting community and business sectors hardest hit by the Coronavirus pandemic such as: tourism; hospitality; retail; food and drink.
One to one support will be on hand to help develop carbon reduction plans to support the Levelling-up and Net-zero agendas. Applicants will also receive help to overcome unforeseen problems, build confidence and ensure delivery of outcomes.
The project is being delivered locally by Devon County Council, North Devon +, Business Information Point and The Diverse Regeneration Company CIC. Devon County Council is also managing the UK Community Renewal Fund in Devon.