Two new COVID support schemes have now been made available to businesses
- Restart and Recovery Fund
- Supply Chain Grants
Restart and Recovery Fund
From Wednesday 2nd December businesses will be able to apply for the Restart and Recovery Fund. This £1.1m fund is limited and is on a first-come first-served basis. This fund is aimed toward businesses who have been required to adapt how they have traded during the COVID-19 lockdown due to being unable to trade conventionally.
Supply Chain Grants
This new grant will support businesses that rely on the hospitality, accommodation, leisure, and entertainment sectors for their trade, and is available where they have lost business as a result of the COVID-19 restrictions placed on business in those sectors. Those eligible will be able to apply for a grant of up to £2,100. The amount received will depend on the business’s fixed property costs. Local councils will be publishing application information early this week.
Lockdown Support Grants Still Available
Businesses that are unable to trade to due national lockdowns and local restrictions will continue to be able to apply for the Lockdown Support Grant worth up to £3,000.
How can we help?
At Hawsons we have a dedicated team of accountants at our offices in Sheffield, Doncaster, and Northampton. If you any questions about any of these schemes please do not hesitate to contact us.
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