Business Resilience and Recovery Grant Scheme

Discussion in 'COVID-19 Forum' started by Gettingthereslowly, Aug 2, 2020 at 3:00 PM.

  1. Gettingthereslowly

    Gettingthereslowly UKBF Newcomer Free Member

    20 3
    Just a pointer.

    My Local Enterprise Partnership has a Business Resilience and Recovery Grant Scheme.
    50% grant funding for capital projects.
    £25k minimum (I.e. total project needs to be £50k)
    £50k maximum (i.e max project £100k)

    Money has to spent ideally before Sept....or Dec latest.

    So it’s quite targeted, small to medium sized businesses, the £25k min knocks out most micro businesses. Capital projects only: machines, buildings, IT, forklift, commercial vehicles.

    I’ve applied, fairly easy process, using Bounce Back Loan as the matching funding, hoping to buy some machinery and building extension.

    Might be worth checking your areas LEP to see if they are offering similar schemes.

    I will let you know if successful.
     
    Posted: Aug 2, 2020 at 3:00 PM By: Gettingthereslowly Member since: Nov 14, 2019
    #1