Mid Wales Food and Land Trust Limited will use their award of £777,958 to acquire Newtown Market Hall. Once completed, the centre will offer flexible short term leases to small businesses, with options to increase and decrease leases to accomodate business growth and to help small businesses to manage periods of economic pressure respectively. The project will also establish two new social enterprises.
Expressing her delight at the news, Catherine Smith, the Executive Director and theTrust’s Company Secretary, said: “This is excellent news for the Market Hall project and for Newtown. In addition to supporting local small businesses, restoration of this Grade II listed building will provide a real boost for town centre regeneration.”
(Source: Big Lottery)
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