Government announces £20 million in grants to support small businesses
A new £20 million fund has been set up to help businesses across England recover from the effects of the Coronavirus pandemic.
The Minister for Regional Growth and Local Government Small has announced that small and medium sized businesses will have access to grants of between £1,000 - £5,000 to help them access new technology, equipment and specialist advice.
Activities supported through the fund can include:
- One-to-many events providing guidance to respond to Coronavirus,
- Grants (£1,000 - £5,000) to help businesses access specialist professional advice such as HR, accountants, legal, financial, IT and digital, and to purchase minor equipment to adapt or adopt new technology in order to continue to deliver business activity or diversify.
Conservation fosters a diverse business environment through its division of employment between medium, small and micro-sized businesses. Over 80% of conservation workplaces have five or fewer employees. The sector has suffered severe loss of work and income from the Coronavirus, placing many conservation businesses at risk. Icon has been actively lobbying for support for conservation businesses and welcomes the fund. We hope that members and conservators will find it helpful.
Photo by Shridhar Gupta on Unsplash