Contact Us

288 Oxford Road, Gomersal
Cleckheaton, BD19 4PY

Search News


£20m in new grants for small businesses

Source: HM Government | | 04/08/2020

£20 million worth of new government grants have been released to help small and medium sized businesses across England recover from the effects of the Coronavirus pandemic. These grants will provide businesses between £1,000 and £5,000 to help them access new technology and other equipment as well as professional, legal, financial or other advice.

Commenting on the announcement, the minister for regional growth and local government, Simon Clarke MP, said:

'We have always said that we would stand behind our businesses and communities as we rebuild following the Coronavirus pandemic. This new funding does exactly that.'

The support will be fully government funded with no obligation for businesses to contribute financially. The support will be delivered from the England European Regional Development Fund and distributed through Growth Hubs, embedded in local areas across England.

To establish a viable grant programme, the government has set a minimum of £250,000 for all Local Enterprise Partnership areas. The allocation of resources will be reviewed as the grant fund is delivered. The funding is being provided to address immediate needs and all grants must be awarded by 28 February 2021 and all activity fully completed by 31 March 2021.



 

Latest News

Furlough Scheme changes September 2020
16/09/2020 - More...
As our readers will no doubt be aware, the Coronavirus Job Retention Scheme (CJRS) is closing on 31 October 2020. The

Companies with a 31 December year end
16/09/2020 - More...
For companies with taxable profits of up to £1.5 million the payment of any Corporation Tax is due 9 months and 1 day

Working from home tax claim
16/09/2020 - More...
If you do not receive compensation from your employer you can still claim tax relief for some expenses that result from

Newsletter

With our newsletter, you automatically receive our latest news per e-mail and get access to the archive including advanced search options!

» Sign up for the Newsletter
» Login

Copyright © 2020 - Calvert Dawson

Cookie Policy | Privacy Policy

           ICAEW-White                       

 

Save

Save