Apply for ReNew Sheffield Grant Scheme (UK)

The ReNew project is part of Sheffield City Council’s successful bid for £15.8m of funding from the Future High Street Fund (FHSF). This national government fund was set up to revitalise and reshape UK high streets.

Supported by the South Yorkshire Mayoral Combined Authority (SYMCA), the University of Sheffield, and other partners, the Sheffield Future High Street Fund Team is delivering a programme of transformational projects across Fargate and Chapel Walk to regenerate and reinvent the area as a thriving social hub.

ReNew contributes to this vision by awarding grants directly to businesses looking to occupy empty units in and around Fargate. Complementing the larger-scale FHSF masterplan, the successful ReNew funded projects will help to lower vacancy rates, increase footfall and improve the vibrancy of the area. They will also create opportunities and jobs for the people of Sheffield.

Funding Information

• This is the second round of ReNew Sheffield funding. Topped up by a contribution from Sheffield BID, they are looking to award the full £250,000 grant pot to successful businesses.
• The programme is a capital grant scheme, and businesses can apply for funding of up to £35,000 towards agreed fit-out costs such as:
  • architectural/design fees
  • preparing the site for construction works
  • checks and surveys
  • labour costs
  • materials
  • renovation and/or conversion costs, eg plumbing, heating, electrical work, joinery, glazing
  • fit out costs, eg flooring, security, decorating, signage, installation of fixtures and fittings such as kitchens, WCs, display units etc.

Eligibility Criteria

• For your business to be able to qualify for support, all of the statements below must be true:
  • You have an independent business in the retail, leisure, entertainment, recreation, creative, hospitality or food and drink sectors.
  • Your business is not in financial difficulty.
  • You can show that your project is financially viable and that grant support is needed to make it happen.
  • Your business has received less than £315,000 of state aid/subsidy (minus the grant amount applied for) over the current and previous two consecutive fiscal years.
  • You are able to secure a commercial lease on a vacant unit in the ReNew Sheffield Zone and intend to occupy it continuously for at least one year.
  • Your proposed schedule of works will be completed, and all expenditure incurred, before the end of March 2025.

For more information, visit Sheffield City Council.