Council chiefs this week launched proposals aimed at boosting economic development in towns such as Driffield.
East Riding of Yorkshire Council leader Coun Stephen Parnaby said the auhority recognised that there was concern about the vitality of the high street.
So the council is proposing to set up a grants scheme to ‘Help Out Our High Streets’ and service centres.
Councillor Parnaby said: “During visits to several towns/areas that benefited from what became known as Portas grants, I have seen some real improvements from a relatively small amount of grant money. Communities have become involved and benefited.
“I am now seeking to introduce a similar grant scheme across the East Riding with some form of matched funding to benefit local economies.
“I have asked council officers to look at a scheme and how it could be funded and am confident this can be a good way of giving further support to local enterprises and communities.”
A second proposal has also been announced by Councillor Parnaby to establish a regeneration fund to give added impetus to economic development in the area and put the East Riding in a strong position to benefit from national or European funding opportunities where ‘matched funding’ from the council would be expected or required.
Councillor Parnaby said: “I want the East Riding to be in a position to maximise future initiatives and have asked council officers to look at our reserves with a view to releasing a substantial amount to form a regeneration fund. In a separate move, the cabinet backed business by agreeing to grant Business Rate Relief of up to £1000 on all occupied retail properties with a rateable value of £50,000 or less.