Million pound boost for COVID-affected firms
Released: Wednesday, 08 July 2020
A further £1 million in vital support has been paid out to businesses in Adur and Worthing to help the area bounce back from COVID-19.
During lockdown Adur & Worthing Councils helped distribute more than £25 million in one-off government grants to eligible organisations.
With the money left unclaimed, a further round of discretionary support was established to support those in need but not deemed eligible.
The Councils can now confirm 132 organisations have benefited from grants of up to £25,000, with funds due to be transferred this week.
Among those to benefit include manufacturers, creative start-ups, retail and leisure firms.
With £500,000 still remaining in the pot, the Councils is now opening up the programme to all businesses in the area.
Applications launched this week with a closing date on Sunday 19th July 2020. Any applications after this date will not be considered.
To be successful, firms will need to demonstrate they have been significantly impacted due to COVID and highlight how as a business it contributes to the wider local economy.
Grants will primarily be one-off sums of either £10,000, £5,000 or £2,500 which do not have to be paid back.
Those firms which have already received COVID grants from the government are not eligible.
A Councils spokesman said:
“We realise the huge economic impact that COVID-19 has had on the area and want to support as many firms as possible through this challenging time. That's why we're encouraging all those who have not yet received grant support to apply for this one-off funding.”
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Page last updated: 01 March 2021