News Article

Cheshire & Warrington Recovery & Restructure Grant - Closed

14 August 2020

 

'UNPRECEDENTED demand' has seen Cheshire businesses already snap up all the funds from a new £1.15 million grant.

Cheshire and Warrington Local Enterprise Partnership (LEP) launched the grant programme to help small businesses meet some of the extra costs created by the Covid-19 pandemic.

The Cheshire & Warrington Recovery & Restructure Grant offers grants of up to 80 per cent to a maximum of £5,000 (or up to 60 per cent on items purchased from May 1-July 23) to support eligible Cheshire & Warrington businesses adjust to the Covid-19 outbreak.

The grants were open to trading small and medium enterprises, social enterprises, charities or sole trader based in the Cheshire or Warrington LEP area. To be eligible, businesses need to have been trading for at least 12 months.

But a statement on the website to apply for grant funding said: "Due to unprecedented demand the C&W Recovery & Restructure Grant application portal is currently closed as we have committed our current allocation of funds.

"We are continuing to process the applications that we have received and will be in contact with all applicants and those on the waiting list shortly. "

The project is being managed by Blue Orchid Enterprise Solutions of behalf of the Cheshire & Warrington Local Enterprise Partnership.

Around 50 per cent of the funding is being directed towards the region’s hard-hit visitor economy, targeting tourism, hospitality and retail businesses with support. The balance will be paid to SMEs in the wider economy.

Read more at: Chester Standard

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