News

The Government has announced new grants and support for businesses impacted by closures – read the full details here.

Chris Starkie, Chief Executive of New Anglia LEP, said: “The announcement of additional support for retail, hospitality and leisure businesses is very welcome. Many businesses impacted by lockdown restrictions will also be able to access additional funding from their local authorities.

“Another lockdown will no doubt impact many businesses – coming after a disrupted festive season and with the uncertainties of the implications of Brexit, it will be a very difficult time. However, the vaccine roll-out gives us hope that there is an end in sight for restrictions. While that easing may still be a few months away, these grants will help to tide many businesses over until they are able to open again.

“The furlough scheme is in place until the end of April, and Government backed loans are available until the end of March, so we hope those also give businesses some of the support they need over the coming months.

“Businesses can also get free support from our New Anglia Growth Hub business advisers, including information about our grant schemes, which are all still open for applications.”

Contact the New Anglia Growth Hub for free, impartial business support on 0300 333 6536 or email growthhub@newangliagrowthhub.co.uk