Leicestershire Business Recovery Fund

Leicestershire County Council has launched a brand-new fund to help businesses get back on their feet.

 

Applications to the Leicestershire Business Recovery Fund have now closed.

The £750,000 Leicestershire Business Recovery Fund is aimed at small businesses within the county to help them recover from the effects of the Coronavirus pandemic.

Applications can be made for grants between £2,000 and £10,000. Businesses can use the money to ensure their survival by, for instance, developing online selling and diversify into new product areas.

The initiative is run by the council and funded through money secured from the Leicester and Leicestershire Business Rates Pool.

Grants are open to businesses with 50 employees or less.

All small businesses from every sector are encouraged to apply including those from the tourism, retail, agriculture, and creative sector. Businesses who apply will initially talk through their business plans with an advisor who will be able to assist with their application.