The Folkestone & Hythe High Street Fund was launched in October 2019 with the aim of supporting projects to drive the regeneration of our town centre and high streets.
UPDATE November 2020:
Due to the most recent national lockdown and resource pressures to administer new grant schemes, we are now proposing to delay our next decision panel until the end of January 2021.
The fund will remain open for new applications but the economic development team will be unable to provide support until mid-January. This decision will be constantly monitored to see if we are able to bring this date forward.
What does this mean if you have already received confirmation of a successful application?
We will continue to process claims where projects have been successfully completed in line with the terms of the signed Grant Agreement and where evidence is submitted as required in support of any financial claims.
We offer grants from £5,000 to £50,000 to:
- Bring high street properties back into commercial use
- Upgrade and adapt commercial properties which improve their appearance
- Improve the townscape, such as the introduction of signage, new route ways, new public realm
- Introduce technology and new innovative products to support the development of commercial operations
- Bring forward initiatives and events to increase the vitality of the high street
- work towards developing a project as a precursor to a further application to the fund or other funding source.
The grants will cover up to 50% of the total project cost, in normal circumstances, but up to 100% grants will be considered in special cases.
High Streets eligible for grants
The following high streets are eligible for grant funding. The specific properties eligible for funding within these high streets are shown on the downloadable maps.
Terms and Conditions
Grant applications must be made and approved before any works take place. Quotes for work must be provided:
- Grants over £5,000: at least two quotes where possible
- Grants below £5,000: one quote
Evidence of the total project cost must be provided, where the grant equates to less than 100% of the total project cost.
Questions or further information
If you have any questions about the application please contact Lorraine Smith 01303 853274 email@example.com)
- Freeholders of commercial property
- Leaseholders of commercial property with at least 5 years left in their lease (when the work is anticipated to be complete). The leaseholder must have the written permission of the freeholder of the property
- Town and parish councils and other public sector organisations or CICs with an interest in the high street
Completed applications, with all the required paperwork, will be assessed quarterly. Once the application has been assessed we will contact you to let you know the decision.
After a grant has been approved you will enter into a legal agreement with the council for the grant and the money will be paid as set out in the agreement and when evidence of expenditure has been provided (VAT invoices).