Thursday, February 25, 2021

Sheffield business supply chain scheme extended

A recent grant scheme to support Sheffield City Region businesses in the supply chain to hospitality, accommodation, leisure, and entertainment sectors has been extended and grant amounts have been increased.

The scheme, due to close on Friday 15 January, has now been extended and grant payments will now increase from between £500 and £2,100 (depending on property costs) to between £1,000 and £4,200.

The scheme gives supply chain businesses the opportunity to claim a one-off payment.

Those businesses who have already been successful in this scheme will receive an automatic top up to the new levels without needing to reapply, thanks to the streamlined system Sheffield City Council has developed to make things as straightforward as possible for businesses.

The scheme is designed to support supply chain businesses where the majority of the businesses activity is supplying to the hospitality, accommodation, leisure and entertainment sectors, and so are experiencing a significant loss of trade due to local and national restrictions.

Examples may include breweries, catering companies and service and goods providers to restaurants and hotels. The scheme will also support companies involved in events, conferences, exhibitions, weddings, banqueting and travel companies and operators.

Cllr Mazher Iqbal, Cabinet Member for Business and Investment at Sheffield City Council, said: “In this incredibly challenging time, we know grants have been a lifeline for many businesses in Sheffield.

“We know there are still businesses out there in the supply chain to these sectors that have not yet received support and we would like to encourage them to take advantage of the extension and the increase in grant amount.

“It’s critical that we support as many supply chain businesses as possible to ensure they survive and are ready to respond when the economy can start to reopen again.

“If you think you are eligible our Business Sheffield advisors are on hand to provide guidance and support through the process.”

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