Grant News

£3 Million North Wales Town Centres Fund Opens to Applications (Wales)

A £3 million fund piloted by the Welsh Government to encourage entrepreneurs and businesses to start and grow their businesses in Bangor, Colwyn Bay, Rhyl and Wrexham is now open for expressions of interest.

The Town Centre Entrepreneurship Fund will provide discretionary grants of between £2,500 and £10,000 to support businesses with the revenue costs of starting up or relocating to a town centre location, as well as loans of between £1,000 and £5,000 made available by the Development Bank of Wales.

Grants must be match funded by a minimum of 100% through loans and/or savings.

The scheme will be open to applications until the 20th June 2022, but may close earlier if all funding is allocated before this date.

 

Useful Links:

Expression of Interest Form

Guidance Notes

22nd June 2021