Lewisham Council is proud to relaunch its Empty Property Capital Grants scheme, offering ten awards of £10,000 each to help local firms convert vacant retail premises into vibrant business spaces. Applications open on Monday 7 July and close on Sunday 4 August, inviting Lewisham-based enterprises to bid for funding to refurbish and reopen empty units in key borough locations.
Building on a £1 million investment in 2024 to create affordable workspaces, back independent traders and enhance our high streets, last year’s initiative saw more than 60,000 sq ft of commercial space spring back to life including at Blue Garage UK, Springbank Studio and V22.
Prospective applicants are urged to submit their proposals as soon as possible, since the limited funding pot may be allocated before the deadline if interest is high. Full eligibility details and application guidance can be found on the Council’s business support webpage.
Councillor Ese Erheriene, Cabinet Member for Business, Jobs and Skills, said:
“This second round of Empty Property Grants builds on the success of our first round from 2023-2025, which saw £1 million invested and over 60,000 square feet of new commercial space reactivated across the borough. This new allocation will support even more local businesses, create additional workspace, reduce the number of empty shops, and boost our high streets and local economy.
“Last year, 55% of the businesses we supported through these grants were from underrepresented groups - 15% were BAME-owned and 40% female-owned. This year, we’re committed to ensuring the funding reflects the diversity of our borough and prioritises areas that previously received little to no support.”
This initiative is funded through the UK Government’s Shared Prosperity Fund, administered by the Greater London Authority (GLA).