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 total project costs are greater than £50,000, grants of up to £10,000 may be considered.

Applications must be for premises that are owned by the company or on a long lease (2 years minimum).

Businesses that apply for the grant will be required to submit up-to-date business accounts, a business plan and monthly cash flow projections.

Am I eligible?

Applicants are eligible if they:

  • can demonstrate that their business is trading from commercial premises at an address in Inverclyde
  • are not operating in the public house and property development sectors

In order for a company to qualify for support through this scheme, applicants will need to:

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

This information is required to allow Inverclyde Council to assess the 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. Businesses 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

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