Applications have opened for round two of the St Ives Enterprise Grants Scheme, targeting small and medium-sized businesses in the Town Deal area.
Businesses and organisations have up to four weeks to submit applications for capital grants of up to £50,000 to support projects which will help to revitalise and regenerate the local economy. The deadline for applications is midnight on Monday, 6th November.
“We want to broaden the economic base of the town and create a really vibrant and active economy which supports all-year-round businesses and provides all-year-round employment,” said Gareth Jones and Libby Buckley, vice-chairs of St Ives Town Deal Board.
“For this round of the scheme we would particularly like to see applications from a wide range of the sectors within our town, including creative industries, technology and digital businesses, construction, trade and manufacturing, business and finance sectors, and marine and green businesses.”
The board is keen to encourage applications from all areas, including Carbis Bay and the Penbeagle Industrial Estate, as well as from the town centre. Grants can be used for capital projects, such as building works and new equipment.
Round one for the small (tier 1) and medium (tier 2) grants saw applications received from a range of local businesses and organisations, seeking grants of between £2,500 and £50,000. To date, under round one, eight grants to businesses have been approved, with grants offered totalling £170,000. More grant awards from round one are expected in the coming weeks.
Approved projects include:
- Equipment to expand and diversify business offering;
- Retail shop expansion;
- Improvements to the façade of high street buildings.
The Enterprise Grant Scheme is one of nine projects which are being funded by the government as part of the £19.9m Town Deal for St Ives. The funding aims to boost the local economy and support sustainable regeneration, through
projects that focus on urban regeneration, planning and land use, connectivity, skills, and enterprise infrastructure.
For further information on the St Ives Enterprise Grants Scheme and details of how to apply for a grant, email grants@cornwall.gov.uk. Visit stivestowndeal.org.uk for more information about the Town Deal programme.
