New businesses to get up to £5,000

Broxtowe Borough Council has launched a scheme offering new businesses starting up in Eastwood and Kimberley town centres up to £5,000.

The cash, which will also be available for Stapleford and Beeston firms, has been sourced though the High Street Innovation Fund (HSIF) after the council successfully bid for £100,000 in March.

The Business Start-up scheme will be led by Matt Batterham – who is the new town centre manager for Eastwood, Kimberley and Stapleford – alongside the Beeston BID team.

The package is specifically aimed at reducing the number of vacant units in the four town centres and is only available to new businesses who take up leases in previously empty shops.

Cllr David Watts, Broxtowe Borough Council’s portfolio holder for economy and regeneration, said: “Broxtowe is committed to breathing new life into our town centres, supporting local shops and local jobs.

“The packages on offer will help in our vision and I would urge ‘would be’’ shop owners to contact our Town Centre Team.”

As part of the scheme, the council has also secured business support from a firm of retail experts.

Corin Birchall at Kerching Retail Ltd will be on hand to help the new firms for a year covering areas such as business plans, marketing and merchandising. Each business will also receive a business support pack which will contain a whole wealth of additional information.

All independent retailers in the four town centres, whether they are in the scheme or not, will also be able to benefit from retailer training sessions.

From the fund, a total of £70,000 will be spent on new businesses, while £25,000 will go to pop-up shops, and £5,000 will be spent on displays on vacant units to make the town centres look more appealing.

For more information about the scheme or to apply, contact the town centre team on 0115 917 3446 or email towncentres@broxtowe.gov.uk.