Cash grants up for grabs to revive empty commercial spaces in city centre
Grants of up to £50,000 could be available to businesses in Sheffield to transform under-used spaces on the high street.
Following the impact of the pandemic on city centre footfall and trade, Sheffield City Council is working to support local businesses to revive empty spaces and bring vibrancy to areas of the city centre that have struggled in recent years.
Expressions of Interest for the ReNew Fund are welcome for prime locations on and around Fargate and High Street, including Chapel Walk, Orchard Square, Norfolk Row and Surrey Street.
Businesses from all industries are encouraged to apply, including food and beverage, retail, leisure, hospitality and arts and culture.
Fargate and High Street are at the centre of the council’s plans to reimagine the city centre and will soon be home to five-storey Event Central, a year-round events and exhibition space, as well as a new outdoor performance space and improved lighting and seating facilities.
The improvements will be funded by the £20.8m pot of funding from the Future High Streets Fund which the council successfully bid for last year. There will also be public sector investment.
Councillor Mazher Iqbal, executive member for city futures: development, culture and regeneration at Sheffield City Council, said: “Sheffield is going through a major transformation at the moment, with millions of pounds being invested to bring people back into the city centre to work, shop, socialise and live.
“Through ReNew we are encouraging local businesses to be creative in their plans and use this opportunity to try something new, expand or move to a central location.
“We are looking for projects that will have a long-lasting positive impact on the city centre and will benefit from the regeneration taking place.”
Expressions of Interest must be submitted by 22 May. Businesses are asked to set out the projected costs of their proposal and the economic benefits their project would bring to the area.
