Business Incubator Programs: Establish programs to support aspiring entrepreneurs by providing them with resources, mentorship, and affordable workspace to kick-start their ventures.
Financial Assistance: Offer grants, loans, or tax incentives to small businesses to help them with start-up costs, expansion, or renovation efforts including Rate rebate for 18 months.
Promotional Campaigns: Launch marketing campaigns to promote local businesses, highlighting their unique offerings and encouraging residents to shop locally.
Collaborative Events: Organise community events such as street fairs, markets, or festivals that showcase local businesses and attract foot traffic to the town centres.
Business Networking Opportunities: Facilitate networking events or business mixers where entrepreneurs can connect, share ideas, and form partnerships to strengthen the local business ecosystem.
Revitalising Vacant Spaces: Encourage the renovation and occupation of vacant storefronts by offering incentives to businesses willing to revitalize these spaces, thereby reducing blight and attracting customers.
Supportive Policies: Advocate for policies that support local businesses, such as streamlined permitting processes, zoning regulations that encourage commercial activity, and fair competition policies.
Technology Adoption: Encourage businesses to embrace technology, such as online sales platforms, digital marketing tools, and contactless payment systems, to adapt to changing consumer preferences and enhance competitiveness.
Training and Development: Provide training programs or workshops to help business owners improve their skills in areas such as marketing, financial management, and customer service.
Community Partnerships: Foster partnerships between local businesses, schools, and community organisations to create mutually beneficial initiatives that support both economic growth and community development