Liverpool City Region Combined Authority have announced a new £10 million financial support fund for small businesses during Covid.

The fund aims to provide grants for small businesses in Liverpool that have not previously accessed Covid support.

Grants of between £3,750 and £13,500 are available for businesses to help with the costs caused by the pandemic. The fund also allows businesses who have already accessed Covid support to request top-up grants of up to £10,500.

A joint statement by the leaders, acting Mayor of the city regions and Metro Mayor Steve Rotheram said:

“We know how tough this last year has been for local businesses and we are doing everything we can to help support them through the pandemic.

“We’ve already distributed tens of millions of pounds to local businesses and this latest fund is open to the sorts of small and micro businesses that have not yet qualified for funding, so we can safeguard more jobs and livelihoods. Thousands of people depend on these businesses for their livelihoods and they are at the very heart of our communities.

“The vaccine rollout is continuing, and we can start to see a return to something resembling normality. Let’s keep looking after each other and we can make it through the coming weeks and months.”

The Combined Authority’s emergency Covid fund has helped over 1,700 businesses in Liverpool since October 2020.

Applications should be made through the local council by 5pm on the February 26. Businesses are advised to apply early as there is likely to be a high demand for these grants.

More information can be found at https://liverpool.gov.uk/lcrbusinesssupportgrant

Picture credit: RuaraidhG

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