Small Business Grants

Ricky08

Will further  10k and 25k grants be released to support the small business and help them recover when they open as it’s not going to be an easy task creating the revenue from before Covid due to restrictions. Furlough has been extended to Will the grant scheme and Self Employed???

poppy12345

There's been no further announcements.

jfinnie

Seems very doubtful, I wouldn't hold my breath.  The scheme was hastily put together and a very blunt instrument, particularly the small business £10K scheme.  For me it has paid my unit's rent for almost the next 3 years, whereas for other firms in my building it was just a tickle vs their fixed costs.  And then there are countless firms of similar size getting nothing because of the structure of their property lease (discretionary fund didn't go very far...)
Of course, I'd welcome a second round...
If you're going to need funding going forward I'd be looking at other ways of raising it - perhaps the BBLS loan scheme is appropriate - or cutting costs as may sadly be appropriate depending on industry.

nannyto2

@Ricky08 you can also claim benefits