Friday, August 14, 2020

£20 million in new grants to help recovery of small businesses

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, the Minister for Regional Growth and Local Government has announced.

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.

It comes on top of a package of Government support to help businesses to recover, including the £2 billion Kickstart Scheme which will create hundreds of thousands of new, fully subsidised jobs for young people across the country, as well as £1.6 billion invested in scaling up employment support schemes, training and apprenticeships to help people looking for a job.

The new grants build on a £10 million package announced by the Minister earlier this month to help to kickstart the tourism industry and support the visitor economy.

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.

A message from the Editor:

Thank you for reading this story on our news site - please take a moment to read this important message:

As you know, our aim is to bring you, the reader, an editorially led news site and magazine but journalism costs money and we rely on advertising, print and digital revenues to help to support them.

With the Covid-19 lockdown having a major impact on our industry as a whole, the advertising revenues we normally receive, which helps us cover the cost of our journalists and this website, have been drastically affected.

As such we need your help. If you can support our news sites/magazines with either a small donation of even £1, or a subscription to our magazine, which costs just £31.50 per year, (inc p&P and mailed direct to your door) your generosity will help us weather the storm and continue in our quest to deliver quality journalism.

As a subscriber, you will have unlimited access to our web site and magazine. You'll also be offered VIP invitations to our events, preferential rates to all our awards and get access to exclusive newsletters and content.

Just click here to subscribe and in the meantime may I wish you the very best.




Latest news

Former Scunthorpe Market site to be transformed

The future of Scunthorpe’s High Street is revealed as a radical redevelopment plan for the former market is unveiled. North Lincolnshire Council has submitted the...

150 jobs to be created as gas power station gets expansion go-ahead

More than 150 jobs are to be created after a new open cycle gas turbine (OCGT) power station was granted approval. The Department for Business,...

£1.2m renovation of heritage sites in Hull’s Old Town complete

A developer breathing new life into old buildings in Hull has completed the £1.2m renovation of two historic riverside properties. Allenby Commercial has converted Danish...

Flexible packaging manufacturer expands into new Grimsby facility

Ultimate Group is expanding into another facility at Europarc in Grimsby. The independent flexible packaging manufacturer focused on the food industry has signed a lease...

Work begins on new homes at former hospital site

Lindum has started work on 36 new homes on the site of a former hospital in Spalding. Longhurst Group is developing the former Welland Hospital...

IT firm expands into new York offices

An IT and security specialist has expanded into new office space at Escrick Business Park in York. PowerON, which provides managed IT services and cloud...

Related news

Former Scunthorpe Market site to be transformed

The future of Scunthorpe’s High Street is revealed as a radical redevelopment plan for the former market is unveiled. North Lincolnshire Council has submitted the...

150 jobs to be created as gas power station gets expansion go-ahead

More than 150 jobs are to be created after a new open cycle gas turbine (OCGT) power station was granted approval. The Department for Business,...

£1.2m renovation of heritage sites in Hull’s Old Town complete

A developer breathing new life into old buildings in Hull has completed the £1.2m renovation of two historic riverside properties. Allenby Commercial has converted Danish...

Flexible packaging manufacturer expands into new Grimsby facility

Ultimate Group is expanding into another facility at Europarc in Grimsby. The independent flexible packaging manufacturer focused on the food industry has signed a lease...

By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close