Rural businesses in Lancashire will benefit from £4.6m to support employment and growth.
The funding will be available for eligible rural businesses located across Lancashire and in neighbouring parts of Greater Manchester.
It will help farmers who are seeking to invest in new technologies, diversify or make on-site improvements.
Funding will also be available for new or existing small or micro enterprises looking to create job opportunities.
This programme will be managed and delivered by Lancashire County Council and is expected to be launched in June 2015.
Coun Jennifer Mein, leader of Lancashire County Council, said: “This is a fantastic opportunity for local rural businesses who are looking to develop and grow.
“The funding will be available to businesses, farms and organisations who want to invest and create new jobs.
“It’s excellent news for rural areas of Lancashire.”
The funding will be given out through three Local Action Groups (LAGs).
n Lancashire West, which covers West Lancashire, Preston, Fylde and part of Wyre.
n Lancashire North and Bowland, which covers part of Wyre, Lancaster, Ribble Valley and Pendle.
n Lancashire Pennine Moors, which covers South Ribble, Chorley, Blackburn with Darwen, Rossendale, Hyndburn and Burnley.
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