£1m Telford Growth and Recovery Programme launched this week. - SYST Business

£1m Telford Growth and Recovery Programme launched this week.

Telford & Wrekin Council is gearing up to boost local businesses with a fresh round of coronavirus recovery grants worth up to £10,000.
There will be three distinct strands of funding targeted at specific business sectors across the borough, as well as access to business consultancy support.

The whole application process is completed online and a dedicated website has all the information needed, including application guidance and FAQs.

Website: www.telfordgrowthfund.co.uk
The new growth and recovery grants range from £2,000 to £10,000 including The Telford Growth Fund, The Exceptional Fund and The Social Enterprise Development Fund as well as specialist one-to-one support.
The Exceptional Fund will provide further financial support for businesses that operate in the leisure, retail, and hospitality sectors. Applicants will need to demonstrate that they have either experienced, or continue to experience, a severe negative impact as a result of on-going COVID restrictions or the continued effects of the pandemic upon trading.
In addition to the grant funding options, Telford & Wrekin Council has an extended team of dedicated one-to-one business consultants that can provide support
Businesses should read the overview of each fund, the eligibility criteria and guidance and determine if they are eligible to apply with a qualifying project.

The funds will open to applications on Tuesday 21 September 2021 and the council aims to notify applicants of the outcomes within 20 working days.

Originally published by Shropshire Chamber