Tuesday, 8 September 2020
Business West COVID-19 Business Grants – Application Process Open
Business West, on behalf of the West of England Combined Authority, have opened the application process for the Small Business COVID-19 Business Grants.
As part of the Government’s response to the COVID-19 crisis, they have released £300,000 of European Regional Development Funding to support businesses, in the West of England LEP area.
Fully funded grants of between £1,000 and £3,000 are available to help mitigate some of the impact of the coronavirus pandemic on eligible businesses.
The grant can be used to cover up to 100% of the costs for professional, legal, financial, or other specialist advice. It can also be used on new technology and other equipment to help your business with recovery.
Some examples of what you could use the money for include (but are not limited to):
• Business coaching for strategy development
• New markets research and development
• Consultancy for a re-branding effort
• Business development support
• IT hardware to enable home working
• Purchase and implementation of a new CRM system
How to apply
To apply for a COVID 19 Business Support Grant, you will need to submit an application form to Business West. You can download the application form here: https://www.businesswest.co.uk/sites/default/files/covid-19_business_support_-_grant_application_form_v1_2.docx
You can read more information here: https://www.businesswest.co.uk/covid-19-business-support
If you're not based in the West of England you can find your Local Growth Hub here: https://www.lepnetwork.net/
Any application received after Monday 21st September will not be considered, so you need to be quick to apply.
You will need up to date financial forecast data for the application. For Hillmans bookkeeping clients please drop us a line and we can supply this for you and help you with the application.
If you are not a Hillmans client, we would advise speaking to your own accountant who should be able to provide the financial data to you. However, if you get stuck please drop us a line on 01934 444100 and we’d be pleased to help.