Council launches £100k fund to boost local towns
12 October 2023
Reigate & Banstead Borough Council has announced it is making £100,000 available to boost
the vitality of its towns and villages.The Council hopes the new “Town Centre Vitality Fund”
will support activities and events aimed at increasing footfall and visitor experience in the
borough’s high streets and local shopping centres.
Council Leader, Cllr Richard Biggs, said:“Supporting our towns and villages is a key priority
for the Council. This funding is designed to help business and community groups develop
projects that will attract more residents and visitors and ensure that our towns and local
centres continue to thrive. We recognise that our local high streets have a very important
role to play for both our local economy and our communities.”The Fund is open to local
town centre groups, community organisations, local councillors and private sector
organisations that can demonstrate they have consulted with and have the support of the
local community. It will be managed on a first come, first served basis and will close in
March 2025 or when the funds have been fully awarded, whichever is sooner.
Notes to editors
Applications are welcome for projects that meet the following criteria and that are based in
the borough. They will be assessed by the Council’s Economic Prosperity team with the final
decision dependent upon approval and sign off from the Portfolio Holder.
We will accept applications from:
Recognised town or local centre representative groups and community organisations that
represent a consensus of local views in that community and have their own bank accounts.
Private organisations with own bank accounts if they can demonstrate that they have
consulted widely with the local community and have the support of a recognised town or
local centre group that represents a consensus of local views in that community.
Local councillors who can demonstrate that they have consulted with and have the support
of a recognised town or local centre organisation that represents a consensus of local views
in that community.
To be eligible, proposals must be able to provide a contractor, if necessary, and to deliver an
activity within the time scale. They will also need to demonstrate how success will be
measured. Funds cannot be used for any public realm improvements that create a capital
asset, i.e. must be removed within two years, or an ongoing liability, e.g., the purchase of
Christmas lights. Where funding proposals require permissions and licenses, funds will only
be released once the Council has seen evidence of those permissions.
The fund is a finite pot and, once a quarter, the remaining balance of funds will be published.
Once all the funds have been allocated, the fund will be closed, and notification published.
For more details including how to apply, see:
https://www.reigatebanstead.gov.uk/info/20052/business_in_the_borough/182/how_we_can_support_your_business/12
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