Posted 18 Sept 2024

New Shrewsbury business grant scheme to invest £30,000 in town centre

Our Future Shrewsbury Business Grants scheme will award successful applicants between £1,000 and £5,000 from an overall funding pot of £30,000.
Steph in a meeting

We've launched a new UKSPF-funded grants scheme aimed at supporting the growth and evolution of Shrewsbury town centre businesses.

Through our Future Shrewsbury Business Grants scheme, successful applicants will be awarded between £1,000 and £5,000 out of an overall funding pot of £30,000.

The deadline for applications is October 20, 2024.

Seb Slater, Executive Director of Shrewsbury BID, which runs the Work in Shrewsbury project, said: “We are delighted to be able to offer support for people to grow and evolve their businesses through our Future Shrewsbury Business Grants scheme.

“We have £30,000 available for the programme and are urging those eligible to get their applications in as soon as possible.

“All applicants will be scored against a set criteria and successful applications selected by the Future Shrewsbury panel and will need to spend the money, which is 100% funded through UKSPF, UK Government, by March next year.”

Awards start at a minimum £1,000 and go up to a maximum of £5,000. Future Shrewsbury Business Grants are to cover revenue-only costs, not capital, and anyone applying for funding for an event or activity should be aware that consideration will only be given to events in their first or second year of running.

Seb added: “We are really excited to see a wide range of applications. Examples of eligible activities could include improving shopfronts, paying for rental of additional space, training and onboarding of new members of staff, covering the costs associated with work placements, innovating to reach new markets, and the development of activities and events in the town centre.”

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