£20,000 grants for businesses plan to be approved today
BUSINESSES could be offered a bumper cash grant to move to Bolton town centre, if plans are ratified at a key meeting today.
Bolton Council cabinet members will meet to decide whether to rubber-stamp plans for a business support scheme aimed at creating a more “vibrant” town centre.
Last week, The Bolton News revealed the proposals could see businesses offered a range of funding boosts to set up in the town centre.
Under the plans, traders would be able to apply for two levels of grant — the first level, which will be fast-tracked to get the scheme moving, would offer grants of up to £20,000.
There would also be larger grants of more than £20,000 offered for businesses which require more funding.
The scheme is specifically targeted at certain types of businesses, including greengrocers, restaurants and music shops — while other stores, including takeaways, pound shops and bookmakers will not be offered the cash.
It is also hoped the proposals could appeal to some businesses which have left the town centre and may wish to return.
The council has set aside £1.5 million for the scheme. If it is passed by cabinet today, then the process of approaching businesses will begin.
Talking about the business support scheme, council leader Cliff Morris said: “This is about taking a proactive approach, and not just letting things happen to us.
“The town centre is very important and we want to make it as vibrant as we can.
“We want to encourage businesses to set up, but it is just as important that they stay here. This is a long-term thing.”
Cllr Morris added that a big part of the plan is to “build a Bolton brand”, with the hope of attracting family businesses and unique businesses “that will make people want to visit the town”.
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