30 July 2020
The Government has unveiled a further £20 million of funding to help boost the recovery of small businesses.
The Minister for Regional Growth and Local Government has today announced the new package of grants to support small and medium businesses across England as they recover from the impact of the coronavirus pandemic.
Businesses will be able to access grants between £1,000 – £5,000 to help them use new technology and equipment as well as accessing professional, legal, financial or other advice to get their businesses back on track.
The support will be fully funded by the government from the England European Regional Development Fund (ERDF) and distributed through Growth Hubs, embedded in local areas across England.
See the full press release from the Minister for Regional Growth and Local Government here.
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The Heart of the South West Growth Hub
The Heart of the South West (HotSW) Growth Hub provides a central business advice service to businesses within Devon and Somerset.
The Growth Hub is a free, first point of contact for pre-start, start up and established businesses seeking support and advice. There is a local, dedicated advisory team on hand to answer questions, provide diagnosis and to make referrals to specialists on specific business topics such as; funding opportunities, marketing, exporting and innovation. The Growth Hub supports existing local and national initiatives without duplicating their offer.
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