Home Covid-19 updates Grant Funding Available For Town-Centre Businesses

Grant Funding Available For Town-Centre Businesses

by Love Wrexham Magazine
Welsh Government Guidance For Retail Outlets

Firstly, there’s a new grant funding available for businesses in the town centre. It will help them reach more customers whilst maintaining social distancing and safety in the area.

It’s called the Transforming Towns Thematic-Covid 19 Grant.

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It can only be used to purchase fixed assets such as; outdoor tables, chairs, seating provision and servery facilities, outdoor awnings and canopies, screening, bollards, planters and also social distancing measures. It can’t support any revenue costs such as maintenance or goods and services.

Businesses can apply for a maximum of £2,000 or 80% of the cost depending on which is the lowest number.

Collaborative applications are welcomed.

Grant applications are online here

This grant funding is an excellent opportunity for businesses

Cllr Terry Evans, Lead Member for Economic Development, said; “We are doing all we can to support traders as more and more people come out of lockdown. This grant is an excellent opportunity for premises to expand onto the pavement to increase their customer numbers whilst maintaining safe social distancing. Customers will feel safe and the town centre will look and feel more attractive.”

In addition to the new grant, the Council continues to operate the following schemes to support businesses;

The Property Improvement and Development Grant provides gap funding for commercial building occupiers and owners to enhance building frontages, improve the quality of the signage and bring vacant commercial floor space back into beneficial business use. This will help create new businesses and allow current businesses to grow whilst assisting with the overall regeneration of the area.  This opportunity is available until the end of March 2021.

For further information email grants@wrexham.gov.uk for a pre-application form and further information

The Town Centre Regeneration Loan scheme is available for owners of commercial premises in need of improvement or change of use, located within Wrexham Town Centre.

The purpose of the loan is to improve the property for continued ownership, to sell, to rent, or unlock a vacant or stalled site. The loan fund cannot repay existing borrowings. The minimum loan value available is from £5,000 to a maximum of £1 million.  The maximum loan term is for five years. The loan funding can be in conjunction with the Property Improvement and Development Grant. Or the Transforming Towns Covid 19 Thematic Grant.

Finally, for further information please email loans@wrexham.gov.uk for a pre-application form and further information.

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