Another £20 million in Government grants for small businesses
First published: 30 July 2020
Today the Government has announced £20 million of new funding to help small and medium-sized businesses in England recover from coronavirus disruption.
- How much can you apply for?
- What is the grant for?
- Where is the money coming from?
- How do you apply?
How much can you apply for?
You can apply for a grant from £1,000 to £5,000.
What is the grant for?
You must spend the grant on one or more of these for your business:
- new equipment
- new technology
- specialist advice
This could be legal or financial advice, or other professional advice to help you get back on track.
Where is the money coming from?
The grants are funded by the Government from the England European Regional Development Fund.
The grants will be distributed by Growth Hubs in areas across England.
How do you apply?
The Government hasn’t yet announced more details about this grant scheme or how to apply. As soon as we know more, we’re update this post.