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Relaunching local business grants to revive empty shops

We are continuing to invest in our high streets and local business community with the return of our Empty Property Capital Grants scheme - offering ten £10,000 grants to help businesses transform vacant shop units into thriving spaces for local enterprise.

From Monday 7 July to Sunday 4 August, Lewisham-based businesses can apply for funding to refurbish and reopen empty commercial properties in key locations across the borough.

In 2024, the Council invested £1 million in affordable workspace, local businesses, and high street improvements. A year on, iconic spaces such as Blue Garage UK, Springbank Studio, V22, and others have come to life.

The Council encourages businesses to apply as early as possible, as funding is limited and the application window may close early if demand is high. Visit our business support webpage to learn more about how to apply and check eligibility criteria.

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).

For more information or questions, contact business@lewisham.gov.uk.

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