Grant News

Funding to Help Small Businesses Recover from the Effects of the Covid-19 Pandemic (Leicestershire)

Leicestershire County Council has launched a £750,000 fund to help rural businesses and independent retail businesses recover from the effects of the coronavirus pandemic. Grants of between £2,000 and £10,000 are available from the Leicestershire Business Recovery Fund to help businesses survive the downturn by, for instance, developing online sales and diversifying into new product areas.

Eligibility Criteria:

  • Small businesses from every sector (including tourism, agriculture and creative industries)
  • Located within, or locating to the administrative area of Leicestershire (businesses within the Leicester City boundary are ineligible).
  • Employ less than 50 full time equivalent employees
  • Priority will be given to businesses who haven’t received funding from other sources
  • Applications from a consortia of businesses, will be considered

The scheme will provide 50% grant support through money secured from the Leicester and Leicestershire Business Rates Pool, with the applicant providing the other 50% as match funding.

Applications must be for capital / revenue costs expenditure. Revenue costs can only be up to 25% of the total project costs.

Before applying, applicants are encouraged to contact the Business Gateway Growth Hub Programme by email. The Growth Hub business advisors can provide applicants with free sessions to help discuss proposals and can provide support via seminars and workshops in key subject areas.

The closing date for applications is the 1st June 2021 but is subject to available funding.

 

Useful Links:

Applicant Guidance Notes

Application Form

 

 

30th July 2020