The government supported by the European Regional Development Fund (ERDF) as part of the European Structural and Investment Funds Growth Programme 2014 to 2020 are providing grants to small and medium enterprises (SMEs) of, predominately, between £1,000 and £3,000, but a maximum of £5,000 is available in exceptional circumstances to help businesses adapt following the Coronavirus pandemic.
The money is a 100% government grant containing no obligation for businesses to contribute financially.
Businesses can use the funding to pay for the following activities:
Access to specialist professional advice e.g. human resources, accountants, legal, financial, IT / digital, etc…and/or the
Purchase of minor equipment to adapt or adopt new technology in order to continue to deliver business activity or diversify
The CWLEP Growth Hub alongside Coventry City Council will administer the funding to Coventry and Warwickshire businesses. If you believe you are eligible to apply for the above grants, as your business has been negatively affected by Covid-19, your business falls under the visitor economy or the wider economy definition and is based within the Coventry & Warwickshire area, please continue to fill in in this application.