Issue - meetings

To consider a report of the Corporate Director for Place Management and Regeneration

To encourage businesses to occupy vacant premises in Stockport town centre a new interest free loan scheme is to be introduced that will contribute towards the financial costs of physical improvements to the property. The scheme will be delivered in partnership with Totally Stockport (Stockport’s Business Improvement District) and to ensure viability and sustainability the scheme will also provide applicants with access to a business support team who will offer a range of advice in addition to financial support.

The Area Committee is recommended to note and comment on the introduction of an interest free loan scheme for the Town Centre.

Officer Contact: Paul Richards on 0161 474 2940 or email: paul.richards@stockport.gov.uk

A representative of the Corporate Director for Place Management and Regeneration submitted a report (copies of which had been circulated) setting out a proposal to introduce a new interest free loan scheme to encourage businesses to occupy vacant premises in Stockport that would contribute towards the financial costs of physical improvements to the property. The scheme would be delivered in partnership with Totally Stockport (Stockport’s Business Improvement District) and to ensure viability and sustainability the scheme would also provide applicants with access to a business support team who would offer a range of advice in addition to financial support.

RESOLVED – That the report be noted.