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Inverclyde Council Property Assistance Scheme

Support provided by Inverclyde Council

What does this involve?

The Property Assistance Scheme offers support to businesses that trade from commercial properties in the Inverclyde Council area.

The grant will cover between 20% and 50% of the total costs for signage, security and improvements to business properties. Where the total project costs are greater than £50,000, grants of up to £10,000 may be considered.

You can only apply for premises that are owned by the company or on a long lease of 2 years or more.

You'll also need to submit up-to-date business accounts, a business plan and monthly cash flow projections.

Am I eligible?

You are eligible if:

  • your business trades from commercial premises at an address in Inverclyde
  • you are not operating in the public house and property development sectors

To qualify for support through this scheme, you'll need to:

  • provide your latest audited accounts and business plan (an exception may be made for applications for grant funding of up to £1,000)
  • describe the work to be undertaken and how it will support the development of the business
  • submit quotations (preferably 3) for the work
  • explain why the project needs funding from Inverclyde Council to proceed
  • obtain all necessary statutory permissions

This information will allow Inverclyde Council to assess your application and consider if the proposed works are likely to help the business meet its development needs and support the economic development aims of the council.

What does this cost?

It is free to apply for this scheme.

The grant will cover between 20% and 50% of the total project costs, up to £10,000. You must be prepared to cover the rest of the costs from other sources.

Who is this for?

Businesses that trade from commercial premises in the Inverclyde area.

How long does this take?

Your application must be approved and all relevant information provided before you can submit a claim for payment - the timescale to approve applications will vary. Once you have submitted your claim for incurred expenses, payment will usually be made within 20 days.

Next steps

Visit the Inverclyde Council website for more information.

Support provided by Inverclyde Council