The news that the Government has given £9,208,322 through the Additional Restrictions Grant Scheme to support Trafford businesses to recover from the Covid-19 lockdowns has been welcomed by local Conservatives.
This scheme aims to support businesses severely impacted by coronavirus restrictions when most needed. Funding was first made available in Financial Year 2020-2021 and can be used across Financial Years 20/21 and 21/22.
Trafford has received an initial payment of £7,130,428 for the Council to grant to eligible businesses and secured an additional top-up payment of £2,077,894. The new funding will provide support to businesses in the areas of accessing international markets; supporting green investment and skills growth; supporting young people; supporting key sectors and supporting new start businesses. Full details of how to apply and the eligibility criteria can be found here.
Commenting on the new funding, Cllr. Patrick Myers, Shadow Executive Member for Finance and Governance at Trafford Council said “The pandemic has been a hugely challenging time for businesses, especially for the smaller firms that are at the heart of our local community in Trafford.
“It’s hugely reassuring to know that the additional support provided by the Government is helping to protect businesses and people’s livelihoods and I would like to encourage eligible businesses to apply for a grant as soon as possible.”