We are helping to fund a grants scheme as part of the Pedal Peak for Business initiative to support Derbyshire businesses offer good quality experiences for all types of cyclists and stimulate the cycling economy.
The fund will provide 50% towards the expenditure for small-scale projects which will help create cycle friendly places that meet the needs of residents, day visitors and touring cyclists. Pictured is Councillor Chris Furness giving the welcome speech at a launch event on Tuesday 23 May.
Cycle friendly places will encourage residents and visitors to explore the area on two wheels, whilst contributing more to the local economy, and complement other aspects of a place’s tourism. Previous similar grant schemes demonstrate the strong economic benefits which can be achieved from such investment.
This pot of money is part of our successful bid to the European Regional Development Fund (ERDF) Growing and Developing the Visitor Economy Sector within Derbyshire. The project is funded from the ERDF as part of the European Structural and Investment Funds Growth Programme 2014-2020.
Who can apply?
All types of tourism businesses may apply, including Sole Trader, Partnership or a Limited Company. Businesses must be located in Derbyshire within a specific area; in exceptional circumstances a grant outside the target area could be considered. Businesses must have less than 250 employees at the time of their application and be classed as a micro, small or medium-sized enterprise.
The fund is targeted at businesses in the following cluster areas to achieve maximum impact:
- Bakewell, Rowsley, Matlock and the Monsal Trail
- Ashbourne, Hartington and the Tissington Trail
- Wirksworth, Carsington and the High Peak Trail
- The Hope Valley
How much is available?
This is a small grant. The advisory minimum you can apply for is £1000 and the maximum £2500, but for exceptional schemes a larger award could be considered. Smaller grants of £500 can be awarded if a business receives six hours of business support, which includes attending our workshops. Businesses need to provide 50% of the total project costs. Items under £250 only need the one quote, but we recommend you shop around first to ensure you are getting the best price / value.
What can the grant fund be spent on?
- Purchase of secure bike locks for use at cafes
- Facilities that enable accommodation providers to meet Cyclists' Welcome standards
- Inner tube vending machines
- Secure cycle parking or storage for holiday accommodation
- Provision and installation of fixed cycle racks
- Purchase of pumps and basic tools for loan
- Street bike pumps built into bike parking sites
- Bike wash down areas
- Links in network of bike paths / connectivity making it easier, more convenient and enjoyable for more people to cycle
Examples of what it does not cover:
- Revenue schemes such as cycle training or promotional media
- Guided rides or staff time
- Purchase of furniture, vehicles or trailers
- Purchase of second hand equipment
Click here to view the funding criteria and to apply for a grant