New Business Incentive Scheme
Objective of the Scheme
To provide financial assistance to make it more attractive for new businesses to consider setting up in areas where there are several vacant shops.
To actively promote the development and enhancement of retail floor space in key areas of Dundalk, Drogheda and Ardee town centres most visibly affected by the economic downturn.
To enhance the vitality and viability of the Town Centres and commercial wellbeing of the towns
To support the continued role of the Town Centres and their primacy in the retail hierarchy.
To encourage new businesses to occupy commercial premises/shops which have been vacant over an extended period of time.
To encourage diversity of retail opportunities within the principal streets affected within the Town Centres of Dundalk, Drogheda and Ardee as defined in the Dundalk & Environs Development Plan 2009-2015, Drogheda Development Plan 2011-2017 and Louth County Council Development Plan 2015-2021.
To provide rates income to Louth County Council that otherwise will be written off.
History of being vacant
The building must be an existing building that has been vacant continuously for a period of more than two years (24 months). The Council may ask for evidence that a building has been vacant for the specified period. A building may be deemed to be vacant if it has not been used for any retail, commercial or other business activity.
If you would like to find out more about the new business incentive scheme you can contact firstname.lastname@example.org
Download your application here