Innovative support scheme for small businesses in Sheffield launched

Innovative support scheme for small businesses in Sheffield launched

04 August 2015

An exciting new scheme based on an Australian model to help budding entrepreneurs get their businesses off the ground has been launched in Sheffield.

Launched last week, the ReNew Sheffield scheme has been created to encourage growth in meanwhile uses, pop-ups, temporary and entrepreneurial start-ups in Sheffield City Centre to improve the vibrancy of areas in transition and help businesses to grow.

The project has grown out of the activity and passion of a number of local bodies and individuals who have been working in this capacity for several years is based on the successful Renew Newcastle, Australia initiative led by Marcus Westbury, the celebrated writer, broadcaster, festival director and media maker. Marcus was invited to Sheffield by the University of Sheffield to share his knowledge and inspire others during a series of events last year.

Since then, a shared passion to pull together to make the argument for meanwhile use stronger and to make projects better connected led to the creation of ReNew which works by building relationships between landlords, space holders and potential space users. The scheme is supported by Sheffield City Council, Sheffield Hallam University and The University of Sheffield.

As well as providing a first port of call for business start-ups, artists and creatives looking for empty buildings for meanwhile space in Sheffield City Centre, the scheme has also succeeded in drawing down funding to support this with up to £10,000 available.
Applications are open now for individuals and businesses to submit an expression of interest for funding, which can be done online via www.renewsheffield.co.uk. The deadline for applications is Monday 31 August.

Organisations in Sheffield have already begun to take on vacant units and transform them into vibrant businesses.

Martin Keyworth of ‘Truth or Dare’ took on a vacant unit at Charles Street previously known as Quicksilver Arcade. In just five weeks Martin transformed the empty unit into a high quality barbers and tattoo parlour with a selection of designer T-shirts.

Crucial knowledge and guidance will be provided by a mentoring group involving partners from across the city, including the Council; University of Sheffield; City Centre BID; Culture Consortium; local landowners, developers and agents; established workspace providers; and independent retailers.

For more informtaion on ReNew Sheffield please visit www.renewsheffield.co.uk