A funding seminar examining the Rural Business Investment Scheme will take place in the Donn Carragh Hotel, Lisnaskea tonight (Thursday) at 7pm.

The meeting will discuss the Rural Business Investment Scheme which is scheduled to open for applications in 2015, as part of DARD’s Rural Development Programme (2014-2020).

Sinn Féin MLA Seán Lynch has invited rural business owners and those interested in starting a business in rural areas to attend the funding seminar tonight.

The Fermanagh and South Tyrone MLA said: "The Rural Business Investment Scheme aims to create and develop non agricultural businesses in rural areas and is an excellent opportunity for people with a business idea or for those who want to grow and develop an established business.

“The fund proposes 50 per cent funding for private businesses and 75 per cent for Social Economy Enterprises, with some support for marketing and bespoke training.

“Although support is available for both existing businesses and new start ups, it is important to note that if an existing business applies, support will only be provided for activities that the business has never carried out previous to applying.

“At this stage the technical document relating to the scheme is under consideration by the European Commission but in preparation for the programme I have arranged a ‘Rural Business Seminar’ in the Donn Carragh.

“The key objective of this seminar is to ensure groups are informed and prepared around what is required and therefore are in with a chance of being in receipt of this much needed funding.”