Tech Smart Rent Subsidy

Support provided by Glasgow City Council

What does this involve?

The Tech Smart Rent Subsidy grant is designed to help Glasgow tech businesses cover the rental costs of co-working space in the city.

The subsidy will pay 50% of the annual rent for your co-working space, up to a maximum of £5,000 per year for 2 years. Any rent-free period offered by your landlord will be deducted from the value of your grant award.

Businesses that receive the grant must also deliver or organise 2 events in their sector. Businesses can also apply for Glasgow City Council's Tech Smart Meetup Subsidy, which provides a grant of up to £1,000 to help fund these events.

Am I eligible?

Your business may be eligible if it: 

  • is a small or medium-sized enterprise (SME), as defined in the Companies Act 2006
  • has not signed a commercial lease agreement, or has signed a commercial lease 12 weeks or less before it applies
  • is a tech startup or SME, which means it designs, develops and produces technology-driven products, solutions or applications
  • has a business bank account

The business co-working premises must located within Glasgow City boundary, and your main business operation must be based or planning to set up within Glasgow City boundary.

What does this cost?

The grant will cover up to 50% of the total cost of rent, to a maximum of £5,000 per year for 2 years. Businesses must be prepared to cover the rest of the cost from other sources.

Who is this for?

Glasgow businesses in the tech sector.

How long does this take?

The grant will close to new applications on 30 June 2023, or when the budget is fully allocated (whichever is earlier).

You will be contacted within 10 working days of submitting your completed online application.

Next steps

Visit the Glasgow City Council website for more information and to apply.

Support provided by Glasgow City Council

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