Rent Subsidy

Overview

This measure is intended to support businesses engaged in industrial activities, that require industrial space for:
- starting a new business
- expand or diversify operations
- optimise supply chains  

The support subsidises rental of private industrial premises required for long term development strategies and also short-term temporary rentals to address specific requirements. 

What you'll get

Cash Grants and Tax Credits

Eligibility

Qualifying Activities include:
 
- Manufacturing
- Artisanal Activities (NACE 90.3)
- Industrial Packaging
- Maintenance and repair of motor vehicles
- Repair of machinery & electrical equipment 
- Warehousing and logistics of activities incidental to the above activities

How to apply

Applications must be submitted through the Corporation’s client portal which may be accessed here

The following documents are required; 
- Last two audited financial statements
- Management accounts 
- Tax Complaince Status Certifcate 
- Documentation confirming that the rented presises have the correct classification 
- Space audit by a qualifies professional 
- Small Business cashflow projections
- Terminaiton of a prior lease and consequent forced eviction 
apply