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Business grants and loans

Find information about funding schemes available to support retail, hospitality and leisure businesses.

We can help you source grants or loans depending on your geographical area and business needs.

Targeted business improvement grant

We offer a non repayable grant to businesses in the county to use on improving premises. The funding is available to:

  • support new businesses into premises
  • improve existing premises for business growth 
  • bring back derelict premises or underused retail space back into use
  • encourage business growth

Property reuse and conversion interest free loan

We offer an interest free property reuse and improvement loan to encourage purchase or improvements to retail premises across the county. The loan must be used with the intention of purchasing a vacant or derelict property or with a view to making significant improvements to a property.

Meanwhile Uses Grant

This is funded via the Towns & Villages Programme as part of the Retail Hub.

The aim of this support and funding is to encourage the development of shared retail spaces or supporting temporary retail/hospitality/leisure offerings and the use of vacant buildings whilst they are between tenants. This will contribute to increasing town and village vibrancy.

Temporary running costs can be supported. This could include a contribution to rents, rates, utilities.

Talk to us

If you need further information, contact us.

Contact us
Community Economic Development
03000 267 967
Our address is:
  • Council Offices
  • Green Lane
  • Spennymoor
  • County Durham
  • United Kingdom
  • DL16 6JQ