New Funding for Tyseley
The Tyseley Industrial Area covers over 230 businesses and around 100 hectares of traditional industrial and employment land. As well as being recognised as an important industrial location it has been identified as needing investment in the physical environment - particularly in under utilised sites and premises.
In 2011, we identified the area as Tyseley Environmental Enterprise District. As such, small and medium sized businesses in the area, or moving to it, are now eligible for financial assistance to improve sites and premises to meet modern business needs.
See the map below to find out if your property falls within the Tyseley Environmental Enterprise District.
Programme priorities for the target areas are summarised in the Key Priorities document below.
We have secured funding from the European Union to primarily support small and medium sized businesses and enterprises who wish to improve and develop their land and property. You are now invited to apply for this funding.
The grant is to enable physical improvements to properties, to generate employment growth, retain jobs, and enhance economic competitiveness.
To achieve this, the end use of the building would generally be for manufacturing and processing or office uses, as defined by B1 and B2 of the Planning Use Classes Order.
Please note retail, housing, education and leisure uses are not eligible. Talk to us if you are unsure.
Works could include new buildings, extending existing commercial premises, internal works, fixed plant and equipment, and demolitions, land clearance and reclamation which would lead to new commercial space. The purchase cost of fixed plant and equipment is also eligible for the grant.
The Property Assistance Programme provides grants of up to 50% of the eligible project costs, up to a maximum grant value of £100,000. Applications are invited and will be considered on a first come first served basis, until the funding is allocated.
As well as helping to save and create jobs, this funding will also help to develop Tyseley as a Low Carbon Enterprise District, a key part of the Birmingham Development Plan.
If you are interested in applying for funding, the guidance notes and application forms are below.
In the meantime, please contact Ashfaq Ashraf to discuss your proposal before you submit your application via email at email@example.com or on 0121 464 9861.
Property Assistance Programme
|Grants up to 50% up to a maximum of £100,000|
Last Updated : 24th January 2014