The Solent Local Enterprise Partnership is inviting applications from small businesses for Restart and Recovery & Kickstarting Tourism Grants.
Funded by the European Regional Development Fund (ERDF) eligible small businesses that have been negatively impacted by the Covid-19 pandemic in the visitor economy and wider economy can access grants of between £1,000 – £3,000 (and up to £5,000 in exceptional circumstances).
The money can be used to cover 100% of the cost of professional services and, in some instances, to purchase minor equipment or adopt new technology to diversify.
The announcement follows the success of the first round of the fund, which saw close to £100,000 allocated to small businesses across the Solent area, and the Solent LEP has now broadened the criteria to ensure more businesses are able to apply.
Any small businesses interested in the funding opportunity are encouraged to attend a webinar on 13 November to receive further guidance. To take part in the webinar being held between 11.30am and 12.30pm, sign up here.
To be eligible for the fund, you must be an existing SME with at least one year’s trading history. All funds will be allocated on a competitive basis, providing the strongest bids with funding.
The deadline for applications for this funding is 11.59 pm on 23 November 2020.