Home » News » Minister Ring announces €62 million in Government funding for 26 Rural Regeneration and Development projects across the country

Minister Ring announces €62 million in Government funding for 26 Rural Regeneration and Development projects across the country

Published: 12th November 2019

Great news for towns and villages in the Midlands with the announcement by Minister Ring of €62m Rural Regeneration & Development Fund Nationwide. 4 projects across the midlands region will benefit from over €8.75m of this fund. The Barrow Blueway in Vicarstown Co Laois, Abbeyshrule Community Hub, Co Longford, Edenderry Regeneration Project, Co Offaly and Life Sciences and Innovation Hub in Athlone. Read more in the attached press release...

Minister Ring said:

“I am delighted to announce the successful projects from the second call for funding under the Rural Regeneration and Development Fund. The Fund was established under Project Ireland 2040 to deliver the targeted investment necessary to ensure that rural Ireland continues to grow and prosper and deliver on the balanced regional growth that is in everyone’s interests.

“Following this announcement, the Rural Regeneration and Development Fund will have delivered investment totalling €148 million for 110 projects across Ireland, worth a total of €212 million. This funding announced under the first call to the Fund is already transforming rural communities and after today, every county in the country will be benefitting from the investment provided by the Fund."

“I believe that it is vital that we continue to build resilience in rural communities and make our towns and villages vibrant places for families to live. The projects that this Fund supports are targeting areas where they can have the greatest economic and social impact and will help support communities in facing the uncertainty still posed by Brexit.”

“Today’s announcement represents the completion of the second call for funding under the Rural Regeneration and Development Fund. We have had a phenomenal level of interest, with applications of an excellent standard, and I want to take this opportunity to congratulate all those who were successful. For those who have been unsuccessful, my Department will provide feedback to enable them to prepare for the next call for Category 1 proposals in 2020. I expect to be in a position to announce a call for Category 2 applications under the Fund, to assist further project development work around the country, before the end of the year.”

To read more highlight and right click on the link below:

http://bit.ly/2ObyDSy

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