Town Centre Property Improvement Grant
This fund is now fully committed.
We are pleased to be able to report that all applications have now been assessed and that we are in the final stages of deciding which schemes should be supported. The total amount of support requested is over £9 million with only £2 million available. It is therefore inevitable that many applicants will be disappointed and there will be a number of deserving schemes that we cannot support.
To hear about any future funding opportunities please subscribe to the Business Support Bulletin
The Town Centre Property Improvement Grant, supported by the Welsh Government Transforming Towns Programme and the Shared Prosperity Fund: Gwynedd and Cyngor Gwynedd has been established to support businesses in town centres and cities to develop and upgrade their properties. We acknowledge that town centre businesses have, and continue to, face an economically challenging time.
The grant is available for independent, small and medium sized businesses who operate or plan to operate in Town and City Centres in Gwynedd.
The main purpose of the fund is to try and make a tangible difference to the appearance of our town and city centres making them more attractive places to visit and work; encouraging people to spend their time and money there. The Council will, therefore, support improvements to business premises within the main commercial centre (generally the high street - or similar - and locations immediately adjacent)
Two support options are available: Support for physical improvements to commercial property up to £25,000 and for larger projects, up to £250,000.
The grant is available to independent, small and medium sized businesses and enterprises in the following locations in Gwynedd. Businesses will need to be located within the main commercial centres in these locations.
- Blaenau Ffestiniog
Businesses who are registered for business rates with Cyngor Gwynedd will be eligible along with businesses that possess the required statutory permissions.
For planning enquiries in Gwynedd (outside Snowdonia National Park), please contact email@example.com
For enquiries within Snowdonia National Park, please contact firstname.lastname@example.org
* the applicant will be responsible for any costs associated with any permission
Additionally, the business will need to:
- Have public liability insurance;
Chain National and International companies are not eligible for support.
Subject to your application, the minimum amount that can be awarded is £2,500 and the maximum is £250,000. If you are seeking more than £25,000 you will need to answer more detailed questions. The contribution can be up to 70% of the value of the work.
The Fund is now open.
Applications up to £25,000 – We will accept and assess applications on a first come, first serve basis
Applications over £25,000 - We must receive your application by Friday, 29 September 2023. We will then assess your application and you will have no more than a week to provide any missing information. As long as you have provided all the information in time, we would assess applications from 6 October 2023, aiming to give you an answer within 8 weeks.
We expect both funds to be very popular and we will not be able to support every application.
Funding for external capital work that will upgrade commercial property. The building must be located within the town's commercial boundary. The following are examples of what would be eligible:
- Upgrading works to the building;
- New windows and doors;
- New signage
The labour of individuals on their property will not be considered to be eligible.
If the property in question is subject to a rental/lease agreement then the tenant should have a lease with 7 years or more remaining at the date of the application and should have secured their landlord’s written consent to the proposed works.
The work must meet health and safety requirements and the business will be responsible for obtaining insurance and for the proper and safe maintenance of any work.
The closing date for applications was 29 September 2023.
For more information, please contact: email@example.com