CALLING small to medium sized business based within the St Ives Town Deal area who are looking for investment to expand or diversify their existing business.
Following two highly successful rounds of the St Ives Town Deal Enterprise Grant Scheme, which have seen over £1 million allocated to local projects and more than 50 jobs created or safeguarded, a limited amount of additional funding has become available to support a third round of grants for capital projects, such as building works or new equipment.
The Enterprise Grant scheme is one of nine projects which are being funded by the Government as part of the £19.9million Town Deal for St Ives.
Round three, which is being administered through Cornwall Council’s Economy and Skills Service, will officially open for applications on 1st October 2024 and then remain open for six weeks until 15th November.
Projects already awarded funding from the first two rounds range from small grants to purchase equipment, improve shopfronts and remodel existing cafes and restaurants, to larger schemes to create new workspaces, expand premises and renovate derelict buildings. A full list of the approved projects is available on the St Ives Town Deal website.
Grants of up to 75% will be available in this latest round of the scheme, with priority given to projects which :
- Enhance or improve services provided to local residents, including retail businesses which are open all year round.
- Widen the economic base of the town and reduce the reliance on tourism and hospitality
- Improve the exterior of premises through the use of designs which are sympathetic to the overall character of the town and surrounding properties, thereby enhancing the appearance of the town and helping to increase footfall and boost the local economy.
- Improve the interior of buildings and increase turnover by making premises more welcoming and improving customer flow.
A detailed guidance pack to help people interested in applying for grants is available here :
In person appointments will also be available to support applicants through the process.
You can read a press release about the launch of Round Three of the scheme here :
Further information on the St Ives Enterprise Grants Scheme and details of how to apply for a grant are available here : https://www.cornwall.gov.uk/business-trading-and-licences/economic-development/town-deal-fund/town-deal-enterprise-grants/
Visit the St Ives Town Deal website – https://www.stivestowndeal.org.uk/- for more information about the Town Deal programme