The Regulation of the “Shops with History” Municipal Fund aims to establish and regulate the terms for accessing the fund created with a budget of €250,000. The fund is part of Lisbon Municipality’s strategy to safeguard unique and distinctive shops in the economic sector. It is designed to financially support expenses incurred by shops that have been recognized as “Shops with History” according to specific municipal regulations.
The regulation outlines the criteria for eligible expenses that can be covered by the fund, such as rent, utilities, and maintenance costs. The fund’s annual budget allocation will be determined within the municipal budget framework. It specifies that the fund’s support can cover up to 80% of eligible expenses, with exceptions for specific cases. Payments are made in a single instalment upon submission of proof of expenditure.
Additionally, the regulation emphasises the importance of urban regeneration and the role of commercial activities in urban development. It highlights the municipality’s commitment to supporting local commerce, particularly traditional shops, and promoting urban revitalization. The regulation also mentions additional measures to support historical shops, such as inventorying heritage assets and creating a brand identity for “Shops with History.”
