More grants to help businesses on the way
APPLICATIONS WILL OPEN ON OCTOBER 14 2020. STRICT ELIGIBILITY RULES APPLY AND BUSINESSES WILL NEED TO GATHER INFORMATION IN ADVANCE. VISIT www.marches-sbrg.co.uk FOR MORE INFORMATION
Thousands of smaller businesses in England are set to benefit from £20 million of new government funding to help them recover from the effects of the coronavirus pandemic when applications open next month.
Telford and Wrekin Council has submitted a bid on behalf of the partners in the Marches Growth Hub Project (Telford & Wrekin Council, Herefordshire Council, Shropshire Council and the Marches LEP) for further ERDF Grant Support for SMEs across the Marches to aid their Covid 19 recovery responses.
Grants of between £1k and £5k will be available to SME businesses to access external consultancy support or to purchase items of equipment to help get them back on track.
The grant pot will be split into two distinct pots; the first of around £450,000 will cater for the wider economy and a second, around £239,000 will specifically target those businesses in the tourism sector.
Subject to the application being successful, further details on how to apply will follow in due course. You can register your interest below.
“This new funding does exactly that. Businesses will be able to use these new grants to pay for the expertise, equipment and technology they need to adapt, recover and rebuild.
“Small and medium sized businesses are the beating heart of communities; they provide employment and contribute significantly to local economies and we are determined to give them the support they need to continue to thrive.”