GROWTH ZONE

Bradford's City Centre Growth Zone is a £35 million initiative set-up to support new businesses and existing business growth.

The Growth Zone provides an unrivalled offer to businesses and through financial and professional support, the confidence to expand. The Growth Zone offer is made up of the following elements:

Business Growth Priority Streets Scheme

The Priority Streets Scheme aims to encourage business growth and new job opportunities in Bradford City Centre. This is a targeted scheme (Darley Street, Ivegate, Kirkgate, North Parade, Bank Street, Tyrrel Street, Rawson Square & Rawson Place) offering a package of assistance to include property improvements and/or the purchase of machinery or equipment along with a business rate rebate (subject to job creation). The scheme is available to property owners or tenants in identified Priority Streets wanting to bring vacant ground floor premises with an indentified end user back into commercial use. Existing businesses within the targeted area that are expanding into unoccupied space within their premises and which will directly result in additional jobs being created or an increase in the rateable area may also be eligible.

Business Growth Rate Rebate Scheme

Business Rate rebate incentives for eligible businesses are available within the growth zone, worth upto £16k per job. Businesses must be creating new jobs through expansion or relocation.

Additional rebate/support may be available where redundant/disused space is brought back into permanent commercial use and jobs are being created.

Access to employment and skills

Finance and recruitment support available to help businesses find the skills they need.

Extensive IT infrastructure and Wi-Fi upgrade

Relocation, property search and a range of expert business support.

Experienced Business Advisors are on hand to support any business looking to start-up, move in or expand. Call Invest in Bradford today for an informal chat.

If you would like any more information about these schemes, please contact Invest in Bradford on 01274 437727 or at INFO@INVESTINBRADFORD.COM.

 

Potential City Centre Townscape Heritage Scheme

Bradford Council is considering developing a Townscape Heritage scheme.

This is a potential Heritage Lottery Fund and Bradford Council grant scheme which could help property owners and tenants restore their historic buildings within part of the Bradford City Centre Conservation Area.

Building upon recent and on-going regeneration activity in the area, the aim of the grant scheme is to repair historic buildings and bring them back into use.

Although this project is in its very early stages and could take around 18 months to develop, we need to gauge the level of interest from owners and tenants to support our funding bid. We will be writing to all owners and tenants of target buildings in the near future and will update our website with further news when available.

If you would like any more information about this potential scheme, please contact Saira Ali on 01274 433971 or at saira.ali@bradford.gov.uk.

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