Extra £9m on offer to help Sheffield City Region firms beat pandemic
Businesses are set for a £9m boost after the Sheffield City Region organisation landed extra funding.
Firms are being urged to apply for cash to grow, boost productivity and digital innovation, buy equipment to operate outdoors and to reopen.
James Muir, chair of the Sheffield City Region Local Enterprise Partnership, said: “It remains a hugely challenging time for South Yorkshire businesses and the grant funding plus the support that businesses can get through business support advisors based at each local authority, is very much needed.”
The Additional Restrictions Grant offers up to £100,000 for new plant or equipment. Applicants should have projects which can start immediately and be completed within six months. Large software projects will also be considered.
The Outdoor Hospitality Equipment Scheme up to £3,000 for items including outdoor seating, decking and umbrellas.
A new Digital Innovation Grant offers £10,000 grants and the Business Productivity Scheme has grants of up to £25,000 to hand out (includes 50 per cent match funding).
To be eligible to make an application, businesses must:
Be located in the Sheffield City Region and paying business rates to Sheffield, Doncaster, Rotherham or Barnsley
Be viable
Have been trading for at least 12 months
Operate from commercial premises
Be planning expenditure or have a project in the pipeline
Be in a position to make a legal commitment to the equipment once the grant is approved.
The City Region has also hired extra business support advisers to meet demand.
Businesses are advised to get in touch with the Gateway team in the Growth Hub.
Visit www.scrgrowthhub.co.uk.
Email: [email protected]