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17 September 2002

NWDA invites applications for Redundant Building Grant Programme.

The Northwest Development Agency (NWDA) is inviting businesses in rural Cumbria and North Lancashire to contact its Penrith Office to see if they are eligible to apply for a Redundant Building Grant.

The scheme, which forms part of the Agency's rural workspace strategy, aims to bring back into use derelict or unused buildings which can help to boost rural economies. To qualify for a grant the premises must be in a Rural Priority Area or the National Park and either completely unused, or unusable in their current state for the purposes they are needed.  On completion the buildings must be used for business purposes and help to create jobs.

Iain Wilson, Rural Regeneration Manager, said,
"The restoration of redundant buildings to house new businesses and enlarge existing ones in rural areas helps to boost the local economy with minimum impact on the environment.  It is a longstanding initiative, which the Northwest Development Agency would like to expand.  It is therefore vital that businesses are aware of the initiative and that good schemes come forward to make use of the funds which are available."

Grants can meet up to 25% of the eligible costs of restoring a building subject to a minimum grant of £2500 and a maximum of £62,500. Most business uses are eligible but not agricultural, horticultural, bed and breakfast or self-catering accommodation. Applications must be made and approved before work is started.
 
Further information and advice can be obtained from the NWDA's Penrith office on 01768 867294
-ends-

For further information please contact Michael Gregory at the Northwest
Development Agency on 01925 400132, 07980 713273 or Michael.Gregory@NWDA.co.uk

    Investing in England's Northwest (link opens in a new window)