Wednesday, September 30, 2020

New fund helps small businesses bounce back in Leicestershire

Small businesses are getting a helping hand to bounce back, thanks to a new fund – with over £100,000 already awarded.

Leicestershire County Council’s launched the £750,000 pot this summer and so far has given grants of up to £10,000 to 16 companies to help them recover from the effects of the coronavirus pandemic.

Businesses from North West Leicestershire, Hinckley and Bosworth, Charnwood, Blaby, and Oadby and Wigston in sectors covering agriculture, tourism, hospitality, creative and retail have benefitted from the match funding grant, so far.

Small businesses are still being urged to apply for their share of the £750,000 Leicestershire Business Recovery Fund.

Nick Rushton, Leader of Leicestershire County Council, said: “The initial reaction to our fund has been great. I am proud to see many small businesses in Leicestershire thinking about their future beyond the coronavirus pandemic and that their entrepreneurial spirit is still strong.It has been a difficult few months for our businesses and we’re committed to helping them get back on their feet in any way we can, so that the economy of Leicestershire can continue to grow and prosper.”

Applications can be made for grants between £2,000 and £10,000, to ensure business recovery, through projects to help the business diversify, improve skills, or new technology or equipment.

All small businesses from every sector are encouraged to apply including those from the tourism, retail, agriculture, and creative sector. Businesses who apply will initially talk through their business plans with an advisor who will be able to assist with their application.

There is currently no deadline for applications, but businesses should apply as soon as possible as funding will be allocated at a first come first served basis.

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 £33.60 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

Leicester NHS supplier lands finance facility to meet increased demand

Leicester manufacturer and supplier of healthcare, hospitality and school sportswear clothing and uniforms, Grahame Gardner, has secured a finance facility from HSBC UK. The funding...

Oakham machinery and vehicle dealer secures funding deal for expansion programme

Oakham-based machinery and vehicle dealer, C&M Retail Group, is embarking on a major expansion programme which will create up to 20 new jobs after...

Planning consultant makes 500-mile pledge for mental health awareness

A planning consultant at Harris Lamb has pledged to raise awareness of mental health issues, and funds for charities supporting those battling them, following...

Anoki raises over £6,000 in just a month to provide clean water across Pakistan

Just a month after launching its own charitable initiative to raise funds to dig water wells in Pakistan, Anoki has raised more than £6,400. Anoki,...

Snooper hits the road after In Phase International acquisition

Snooper has been acquired by automotive technology specialist In Phase International, based in Nottingham. Founded in 1979, Snooper specialises in mobile GPS technology for automobile...

Related news

Docuflow appointed to Government G-Cloud 12 Framework

Docuflow has been named as a supplier on the UK Government’s Crown Commercial Service’s (CCS) cloud software framework. It is the second consecutive year Docuflow...

Leicester NHS supplier lands finance facility to meet increased demand

Leicester manufacturer and supplier of healthcare, hospitality and school sportswear clothing and uniforms, Grahame Gardner, has secured a finance facility from HSBC UK. The funding...

Oakham machinery and vehicle dealer secures funding deal for expansion programme

Oakham-based machinery and vehicle dealer, C&M Retail Group, is embarking on a major expansion programme which will create up to 20 new jobs after...

Planning consultant makes 500-mile pledge for mental health awareness

A planning consultant at Harris Lamb has pledged to raise awareness of mental health issues, and funds for charities supporting those battling them, following...

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