• Eamonn Watson

SMALL BUSINESS TECHNOLOGY GRANTS SWAMPED

Updated: Sep 2


After over 1,000 Expressions of Interest for the £1.5m available to Lancashire businesses in the first few days, LCC paused the Expression of Interest process to new proposals on September 1st and will now be concentrating on applications already made.


If and when the applications are re-opened we will let you know.




A £20m fund for small and medium businesses is now available to assist businesses to plot their path through the challenges the pandemic poses, with grants of £1,000 to £3,000 available for IT, or professional advice to maintain or diversify services beyond Covid 19.


The fund, £1m administered in Lancashire by Business Boost, will allow firms to purchase or adapt IT equipment or services. Equally it could be used by professional advisors to provide remote, or local events to businesses through the pandemic.


Services the grant can be spend on include :-


Accountants

Financial

HR

IT and Digital

Legal


The Local Growth Hub in each area allocates the funds, which are the final part of Britain's access to the European Development Fund, as it leaves the EU.


Ineligible sectors include fishery and aquaculture, primary production (e.g farming) processing and marketing of agricultural products, the coal, steel and shipbuilding sectors, synthetic fibres sector, establishments providing generalised (school age) education, banking and insurance companies/brokers and nuclear related activity.


You can express your interest your here and then if you are eligible fill out a full application from September 7th. You will then be contacted in due course by L.C.C. to progress your application if you are eligible.

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