In 2014-15 the Mayor's Regeneration team used £9 million to establish a new High Street Fund. We consulted London boroughs and many other organisations involved in the management and improvement of London's high streets, basing our conversations on the 2014 Mayor’s Action For High Streets document. (Please note, this document relates to the previous administration.)
Our consultation with key stakeholders helped to define the criteria for grant applications to the High Street Fund. We published a prospectus inviting bids for funding and defining eligible activities for investment and support. It invited project proposals under 4 key themes:
- proactive stewardship – to establish local partnerships that encourage change, and to develop high street strategies
- stimulating activity – to improve the look and feel of places, making them more welcoming
- occupying empty space – to help bring back a high street bustle and ensure a diverse and desirable range of uses
- accommodating growth – to boost the high street’s role in supporting and shaping development and manage town centre intensification
Since April 2015 the successful applicants have delivered projects with positive impacts, including new jobs, apprenticeships and high quality public and green space. All projects also use significant match funding from other sources. They strengthen the vibrancy and economic activity on London’s high streets and in nearby areas.
High Street Stories
Some of the High Street Fund projects feature in our 2016 High Street Stories publication, which gives a flavour of what’s happening on high streets thanks to local authorities, businesses, communities and individuals across London.