Louth County Council have announced their New Business Incentive Scheme wit the intent of providing a grants incentive for new businesses to locate in premises that have been vacant for a period, exceeding 2 years, and encourage diversity of retail opportunities within a designated area.
Objective of the Scheme:
-to provide financial assistance to make it more attractive for new businesses to consider setting up in areas where there are several vacant shops.
-to actively promote the development and enhancement of retails floor space in key areas of Drogeheda, Dundalk and Ardee town centres most visibly affected by the economic downturn
-to enhance the bitality and viability of the Town Centres and commercial well-being of the towns.
-To support the continued role of the Town Centres and their primacy in the retail hierarchy.
-to encourage new businesses to occupy commercial premises/shops which have been vacant over an extended period of time
-to encourage diversity of retails opportunities within the principal streets affected within the Town Centres
-to provided rates income to Louth County Council taht otherwise will be writen off.
History of being Vacant
The building must be an existing building that has been vacant continuously for a period of more than two years. The Council may ask for evidence that a building has been vacant for the specified period. A building may be deemed to be vacant if it has not been used for any retail, commercial or other business activity.
For eligibility criteria and more information, please download the prospectus and application forms below.
