Grants of up to £50,000 are available for businesses in Sheffield to transform underutilized space in Fargate.

The second round of funding, part of Project ReNew, will support local businesses and organizations to revive empty stores and bring vitality to downtown areas that have struggled in recent years.

Financing is available for prime Fargate locations. Businesses from a variety of customer-facing industries are encouraged to apply, including food and beverage, retail, leisure, hospitality, and arts and culture.

Fargate is at the center of Sheffield City Council’s plans to reimagine the city center and will soon be home to Event Central, a year-round event and exhibition space, as well as street renovations, including new mini-parks, rest areas and lighting.

The ReNew improvements and grants are funded by the £15.8m Future High Streets Fund for which council successfully bid in 2021.

Councilor Mazher Iqbal, co-chair of the Transport, Regeneration and Climate Policy Committee, said: “We recognize the need and desire to re-establish Fargate as a vibrant and social part of the city center and the ReNew project is one of many ways in which I hope to achieve this.

“With so many exciting businesses in the city, some just getting started and others eager to expand, it is critical that we work with them to inject new life into the area, encouraging them to be creative in their plans and take this opportunity to try something. new, expanded or moved to a central location.

“We are looking at projects that will have a lasting positive impact on the city center and will benefit from the regeneration that is taking place.”

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