Oldham Council has agreed a new policy framework designed to boost existing and new independent businesses in Oldham Town Centre.
A report approved by Cabinet tonight (November 18) sought approval to commit £1 million to investing in a comprehensive new package of support.
The vision is to improve the towns retail offer and support viable local independent businesses that will attract footfall and also create a more attractive and effective linkage between key development sites.
The initial focus will support the aspiration to create a new Independents Quarter in the triangle between Yorkshire Street, Clegg Street and Union Street East.
Oldham Town Centre is already undergoing major regeneration as part of wide-ranging plans to transform what it offers to business, residents and visitors.
are part of a strategic approach to tackle areas of current low demand in
traditional High Street areas.
The funds could be used to support the refurbishment of key buildings and the relocation of existing businesses, Building Improvement Grants, assisting independent firms to acquire their own buildings (with potential grant support), plus the undertaking of further research into the demand and supply of business premises in the town centre.
Councillor Jim McMahon, Oldham Council Leader, said: "This framework is an absolutely vital part of our plans to transform what is on offer in Oldham Town Centre."
"We already have a series of major regeneration projects underway that will dramatically enhance our entertainment, cultural and leisure offer including schemes for a cinema and restaurants at the Old Town Hall, Hotel Future, a new leisure centre, plus a new Coliseum Theatre and Heritage Centre.
package is a further part of our strategic review of the whole town centre.
"It will initially help us to strengthen the identity and distinctiveness of the Yorkshire Street triangle in a range of ways by supporting existing and new start-up independent businesses in the area, whilst also enhancing the local environment and boosting visitor numbers and footfall.
Councillor Shoab Akhtar, Cabinet Member for Business and Town Centres, added: "This package will crucially also create a much-needed single front door for business support and property management arrangements in the town centre."
business would have an account manager who would offer wide-ranging support,
look at their needs and help them access all relevant help including grants,
training and mentoring.
"The framework also seeks to offer equity grants to help independent business make property acquisitions in this area, and provide more flexible occupational agreements. Help in purchasing essential equipment, fixtures and fittings would also be available.
"Were also very clear that in addition to wanting to attract new independent businesses and breathe new life into empty units, we are also determined to create a better town centre environment.
"Thats why Building Improvement Grants would be on offer: to help to improve the exterior of key buildings and shop fronts in line with our aspirations for the area and alongside the improvements were already making to the public realm.
"We believe Oldham town centre can become the strongest in north Manchester and this framework to boost and revitalise the distinctiveness of what it offers is essential to realising that vision."