Dear Redbridge Town Centre Business,
Please see the information below forwarded by my colleagues from the IlfordBID regarding London Business Hub COVID-19 Recovery Grants. The ‘Visitor Economy’ applications will reopen for 24 hours at 10.00 am Tuesday 10 November (until 10.00 am on 11 November). ‘Wider Economy’ applications will reopen for 24 hours from 10.00 am Tuesday 17 November (until 10.00 am on 18 November).
Please read the information for more details on how to apply.
The London Business Hub is pleased to announce the COVID-19 Support Grants for Small and Medium Enterprises (SMEs) will reopen for applications this November.
Visitor Economy applications will reopen for 24 hours at 10.00 am Tuesday 10 November (until 10.00 am on 11 November).
Wider Economy applications will reopen for 24 hours from 10.00 am Tuesday 17 November (until 10.00 am on 18 November).
Eligible SMEs will be able to secure grants of between £1,000 – £5,000 to help them access professional, legal, financial or other advice and /or new technology and other minor equipment to address their immediate needs in response to the impact of COVID-19.
The grant is funded by the European Regional Development Fund.
Please note the funds are extremely limited and based on the remaining funding pot sizes, this would amount to approximately the following number of grants available to those businesses who are successful in obtaining the grant:
Visitor Economy (remaining fund £243,085): Between 48-81 grants
All information and criteria to assess an SME’s eligibility and prepare for the grant application are now available. Read our project information page and FAQs.
Applications will open at 10 am and remain open for a 24hr period on the 10th and 17th November. Please ensure that you have SUBMITTED your application by the cut-off point. Applications not submitted by this point will not be considered. Please allow ample time to complete the application form. Applications will close as stated above and any applications that are in progress and have not been submitted by the deadline will not form part of the ballot.
To keep up to date on all the latest news from the London Growth Hub, please register for their newsletter or visit their brand new online portal at https://www.businesshub.london where you will find all the free, impartial, practical advice that you need to start, sustain and grow your business.