New £30k business grant pot launched in Shrewsbury – but applicants need to be quick

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A new grant scheme aimed at growing Shrewsbury town centre businesses has been launched with a funding pot of £30,000.

A new grant scheme aimed at growing Shrewsbury town centre businesses has been launched with a funding pot of £30,000.Not-for-profit business partnership Shrewsbury Business Improvement District says successful applicants could be awarded between £1,000 and £5,000 as part of its Future Shrewsbury grant scheme.

The BID says the funding can only be used to cover revenue costs rather than capital projects, but could be used for purposes such as hiring new staff or renting extra retail or office space. Seb Slater, Executive Director of Shrewsbury BID, said: “We are delighted to be able to offer support for people to grow and evolve their businesses through our Future Shrewsbury Business Grants scheme.

“We are really excited to see a wide range of applications. Examples of eligible activities could include improving shopfronts, paying for rental of additional space, training and onboarding of new members of staff, covering the costs associated with work placements, innovating to reach new markets, and the development of activities and events in the town centre.

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