�100k for business
NORTH Somerset Council has been handed a �100,000 cash boost which could be used to encourage new businesses to set up in the district’s high streets.
North Somerset is one of only five areas across the South West to have been awarded the Government grants which will be used to rejuvenate the area’s principal shopping areas.
The grant will be added to the �100,000 North Somerset Council was handed two weeks ago following a high street review by television shopping guru Mary Portas.
The direction from the Government is that some of the money is used to provide business rate relief for new start-up ventures in currently vacant shops.
North Somerset has been encouraged by Government to match the grant, and the authority is currently considering dedicating �100,000 towards it.
The council may also launch a business start-up package to help businesses deal with matters such as business and financial planning, marketing, and legal and security issues.