Have You Applied For The Small Business Grant?
Back in July, it was announced by the UK Government that thousands of smaller businesses in England can benefit from £20 million of new government funding to help them recover from the effects of the coronavirus pandemic.
Small and medium sized businesses will have access to grants of between £1,000 – £5,000 to help them access new technology and other equipment as well as professional, legal, financial or other advice to help them get back on track.
The grants will be fully funded by the government, and there will be no obligation for businesses to contribute financially.
“Businesses will be able to use these new grants to pay for the expertise, equipment and technology they need to adapt, recover and build.”, Simon Clarke, Minister for Regional Growth and Local Government, was quoted as saying.
The support will be fully funded by the government from the England European Regional Development Fund and distributed through Growth Hubs, embedded in local areas across England.
Activities supported through the £20 million can include:
- One-to-many events providing guidance to respond to coronavirus,
- Grants (£1,000 – £5,000) to help businesses access specialist professional advice such as HR, accountants, legal, financial, IT and digital, and to purchase minor equipment to adapt or adopt new technology in order to continue to deliver business activity or diversify.
For more information, head to the gov.uk website