COVID Update 79

The Hinckley & Bosworth Borough Council BUSINESS RECOVERY PROJECT FUND will provide support for small and micro businesses borough-wide including tourism and hospitality, creative industries and independent retail businesses as priority, to enable them to overcome the impacts they may have faced or are still facing, due to COVID-19, by implementing a recovery project.

The fund is aimed at INDEPENDENT BUSINESSES (INCLUDING RETAIL), TOURISM and HOSPITALITY BUSINESSES, and the CREATIVE INDUSTRY AS A PRIORITY and applications must be for capital expenditure only. This list of businesses is not exclusive and HBBC would welcome applications from other sectors that can demonstrate severe hardship due to the pandemic and who have appropriate recovery projects to implement.

The funding will aim to ensure business recovery and increased sustainability enabling businesses to diversify through mitigation measures. Grants are available between £1,000 and £15,000. The scheme will provide 50% grant support with the applicant providing the other 50% as match funding.

Suitable projects might include new equipment or machinery, building a new website, investing in new products and e-commerce such as contactless payment technology or permanent fixtures and fittings to support social distancing such as an awning for a café or restaurant to support alfresco dining.

This grant scheme is funded through the government’s additional restrictions grant. The council’s initial allocation of £300,000 is for the period to the end of March 2022 or until funds run out.

The Economic Regeneration Team at the Council manages the scheme. To visit them, please follow this link.

HBBC request that any questions are made via the online contact form through the link above or the regeneration@hinckley-bosworth.gov.uk email address. However if applicants need to speak to an HBBC Officer they can contact Judith Sturley on 01455 255855, Daniel Britton on 01455 255872 or Stephen Meynell on 01455 255775 – all of whom are able to assist.

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Published by Hinckley BID – 18/02/2021
Steve Wegerif 0770 939 4841 – steve@hinckleybid.co.uk
www.hinckleybid.co.uk

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