BID launches new Redditch Town Centre Business Grants - The Redditch Standard

BID launches new Redditch Town Centre Business Grants

Redditch Editorial 4th Feb, 2024   0

BUSINESSES in Redditch town centre will soon be able to apply for funding to invest in improving their customer experience and commercial performance, thanks to a new grants scheme.

The Redditch Town Centre Business Grants of between £1,000 and £5,000 will be available to retail, hospitality, and service sector businesses.

These match-funded grants can be used to improve ground-floor frontages, fixtures, and fittings, increased and improved marketing, and investments in equipment.

The Redditch Town Centre Grant has received £30,000 from the UK Government through the UK Shared Prosperity Fund (UKSPF).

Leader of the council and portfolio holder economic development, commercialism and partnerships, Coun Matt Dormer, said: “The town centre is the hub of our town, and with help from UKSPF funding, we are constantly working to regenerate, invest and make it an inviting place to visit.

“We are proud to be working with the Redditch BID to unlock more opportunities for local businesses and build a thriving town centre offering we can all be proud of.”




Redditch BID manager, Muj Rahman, said: “We are very excited about our partnership with Redditch Borough Council to launch the Redditch Grant Scheme, matching the funding available for town businesses.

“Many businesses are feeling the impact of the current economic situation, and this is a great opportunity to support our BID businesses and encourage investment.


“We will continue seeking opportunities to support businesses and this is a great example of working with other stakeholders to maximise the support we can bring to our members.”

The scheme was officially launched on Wednesday with a networking event held by the BID at Holiday Inn on Hewell Road.

Visit gov.uk/government/publications/uk-shared-prosperity-fund-prospectus for more information.

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