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Commercial Incentive Scheme

July 201612th

Local News, Announcements

Commercial Incentive Scheme

Tipperary County Council Commercial Incentive Scheme

In order to help restore vibrancy and vitality to the town/village centre, Tipperary County Council has focused on developing a mechanism to assist in addressing the issue of vacant retail units in the county’s village and town centres.

The Commercial Incentive Scheme (CIS) has been designed and developed to reduce the number of vacant retail units and to stimulate a differing and engaging retail mix, thereby creating a more vibrant and exciting offering and increasing the overall attractiveness of towns and villages for shopping, leisure, and business purposes. The Commercial Incentive Scheme supports Business and Retail Development through the provision of a Grant.

The Grant is for the duration of 3 years at a reducing rate; in Year 1 successful applicants will receive a grant corresponding to 75% of the commercial rates paid for that year; in Year 2 successful applicants can avail of a grant of 50% on commercial rates paid for that year while in Year 3, successful applicants can avail of a grant of 25% on commercial rates paid. The Commercial Incentive Scheme application process is now open and anyone interested in applying for the scheme can access further detailed information from the following address www.tipperarycoco.ie/cis

For more information contact: Mark O'Brien, Economic Development Executive, Tipperary County Council on tel: 0761 06 5163

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