Upper Hutt City Council has introduced its Economic Development Stimulus Package to entice new businesses to the city, and to encourage current businesses to expand.
The incentive package offers a range of grants for relocation, retrofitting and earthquake strengthening.
It also waives building and resource consent fees on all new commercial and industrial developments, along with property grants while conversions are taking place.
In addition, significant new developments have a rate holiday of three years.
Support from the council is designed for a range of new investments, and is based on the size of the business and the number of its employees.
As an example of the incentives, a significant retail store relocating to Upper Hutt could expect to a relocation expenses grant of $30,000, together with a contribution of $50,00 towards the retrofit costs.
Wayne Guppy, Upper Hutt mayor, said that the initiative shows that the council is serious about attracting new investment to the city, and incentivising current businesses to grow.
Chris Upton, Upper Hutt City Council CE, said that the council is committed to supporting business at every level.
“These incentives open up some real opportunities for local businesses looking to give themselves a facelift through to new companies wanting to establish themselves in the Wellington market.”
