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Business funding

Grant and funding opportunities for businesses.

Targeted Regeneration Investment (TRI) programme

The areas covered by the scheme include Swansea city centre and Morriston town centre.

PDF Document TRI grants - Swansea city centre boundary map (PDF, 1MB)Opens new window
PDF Document TRI grants - Morriston centre boundary map (PDF, 1MB)Opens new window

Regeneration Morriston

Property Enhancement Development Grant (PEDG)

This is a grant scheme that has been established to target derelict or vacant properties to bring them back into beneficial use and to insure good quality building and shop front enhancements.

The amount of any financial support offered via the PEDG grants to applicants is a maximum of 40% and will be assessed on an individual case by case basis, taking account of the economic and environmental benefits that the project provides. To qualify for the grant the completed scheme must accommodate new jobs.

Financial support through the PEDG grants will normally be the minimum contribution required to bring the project forward. Items that are eligible for a grant include building facades, roofs, shop fronts, floors, ceilings, staircases, re-wiring, signage together with associated professional fees. Ineligible items include fixtures and fittings, areas not visible to the public, major structural repairs and normal maintenance. Residential schemes cannot be considered for a PEDG grant.

For further information email

Sustainable Living Grant (SLG)

SLG grants are available within the city centre to convert empty floorspace on upper floors of commercial units into new residential accommodation.

Projects can have a SLG grant of up to 40% of the eligible cost of the work and professional fees, but this will be assessed on an individual case by case basis.
Items eligible for a grant include all works necessary to create new residential accommodation excluding fixtures and fittings.

The award and level of grant offered is at the discretion of the City and County of Swansea. Please note that an application would be ineligible if the proposed works have commenced or have been announced before a grant has been awarded.

For further information email


Town centre loan fund 

We have been awarded a loan fund of £2,000,000 by the Welsh Government to administer as part of the Town Centre Loan scheme. 

Who is it for?

The areas covered by the scheme include Swansea city centre and Morriston town centre.

PDF Document Town centre loan - Swansea city centre boundary map (PDF, 1MB)Opens new window
PDF Document Town centre loan - Morriston centre boundary map (PDF, 1MB)Opens new window

The repayable funding is offered to owners or potential owners of properties for the purpose of reducing the number of vacant, under utilised and redundant sites and premises in town centres and to support the diversification of the town centres by encouraging more sustainable uses for empty sites and premises, such as residential, leisure and key services. The repayable funding can be used:

  1. To acquire and unlock sites and premises with the intention of packaging and selling a proposal on the open market within an agreed timeframe;
  2. To redevelop or refurbish sites and premises within an agreed timeframe; and
  3. To provide loans to third parties for repayment within an agreed timeframe.

Loan applications for the refurbishment of existing properties have to include a comprehensive package of works. The renewing or upgrading of existing shop fronts, signage, windows etc on their own will not be eligible for funding.

How to apply Apply online button
Apply for a town centre loan (stage 1)

You can apply for a town centre loan online.

Applications for the interest free loans are up to a maximum of £1,000,000 for a loan term of up to 5 years. The authority has the flexibility to offer staged repayments or to agree to a one off repayment at the end of the loan term. An administration fee will be applied to cover costs associated with assessing, processing and administering the loans.

The application process involves two stages. Stage 1 being an expression of interest (EOI) form and stage 2 being full application. Successful applicants following the EOI stage review will then be invited to complete and submit a full application. Guidance for the stage two full application form is in development and will be available shortly.

A robust due diligence process will be undertaken to ensure that all relevant information on the applicant and proposal is considered which will include assessment of credit risk, eligibility of proposal and the viability of the proposal.

A legal charge will also be required to be placed on property or land owned by the applicant equal to the value of the approved loan following verification of equity prior to the loan being issued. Personal guarantees can also be considered. State aid rules apply and the authority will be required to demonstrate compliance.

Recipients of Homes above shops (HAS) or Property Enhancement Development Fund (PEDF) property grants will only be considered for the loan fund in exceptional circumstances.

For further information and the submission of application forms email

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