Rachel has praised the work of Redditch Borough Council for their efforts in getting millions of pounds worth of grants out to small businesses in the town.
608 business properties in Redditch have already received grants as part of the Government’s Small Business Grants Scheme. In total, £7,145,000 has made its way to small businesses in the area.
In recognition of the extraordinary pressures facing small businesses during the coronavirus outbreak, the Government launched the Small Business Grants Scheme, backed by £12.3 billion. The funding is provided to local authorities, who are then able to offer grants of up to £10,000 to small businesses, and up to £25,000 for eligible leisure, retail and hospitality businesses. Since the scheme’s launch in March, £6.1 billion has already been paid out to 491,725 business properties across England.
In total, Redditch has been provided with £14,518,000, which could help as many as 1,225 businesses in the town.
Rachel discussed this during a Zoom meeting with the Leader of Redditch Borough Council, Cllr Matt Dormer, and Chief Executive, Kevin Dicks, this week.
She is now urging all businesses who may be eligible for a grant to contact the Borough Council.
Rachel said: “This is a hugely challenging time for businesses, especially for the smaller firms that are at the heart of our community in Redditch.
“It’s hugely reassuring to know that the support announced by the Government has already reached hundreds of businesses in our town and is helping to protect businesses and people’s livelihoods.
“However, I know from my conversations with Cllr Dormer that the council has contacted every business they have contact details for to let them know they’re entitled to receive a grant. I’m urging every business who may be eligible to contact the Borough Council as soon as possible. There is money sat there waiting for you.”