DAILY BUSINESS BRIEFING FROM GOVERNMENT'S COVID-19 PRESS CONFERENCE
(courtesy of White Label)
Cash grant for retail, hospitality and leisure and small business grant funding
Since the launch of the Small Business Grants Fund and the Retail, Leisure & Hospitality Grants Fund, more than £7billion in grants has been paid out to small businesses.
Local Authorities in England have been working hard to reach out to eligible businesses directly to arrange payment. The grants are of £10,000 or £25,000 and do not need to be paid back.
To ensure all eligible businesses can access these funds, please either reach out to your local council or use the GOV.UK checker tool
For more information on the schemes, please click
A CROWDFUNDING scheme to help companies stay afloat by urging Londoners to buy goods and services in advance from small businesses has been launched by the Mayor. ‘Pay It Forward London’ allows Londoners to pay for products or services that will be delivered once businesses return to normal or near-normal operation. Members of the public can also nominate businesses and encourage them to sign-up directly. The crowdfunding process for businesses is simple, secure and 100% free. Find out more