Covid-19 – New £20m government scheme for small to medium non-profits!
Updated: Sep 15, 2020
What is the Small to Medium Enterprise (SME) Recovery Grant?
This new government grant allows small to medium sized businesses (including charities and social enterprises) to take advantage of a vital grant to help with the survival and recovery of your organisation.
The UK government has recently pledged funding of £20 million to help with the financial rescue from the Corona-virus pandemic. This means that you could be able to access additional funding of up to £5,000 to help you with gain vital access to resources or advice to support your organisation in these challenging times.
The Minister from Regional Growth and Local Government, Simon Clarke MP states: ‘Businesses will be able to use these new grants to pay for the expertise, equipment and technology they need to adapt, recover and rebuild.’
At Flock, we are specialist charity accountants and are ready to support you with the advice and guidance your organisation needs. If you fit the below eligibility criteria (below) and would like better support to not miss out on this temporary scheme, get in touch with us at email@example.com.
As this scheme is operating on a first come first serve basis, and each area has a different starting and closing date, it is important to act now. Further information on local deadline can be found from your local enterprise partnership (LEP) via the LEP Network Website.
·Their potential to respond/adapt/strengthen from the impact of COVID-19
·The ability to identify opportunities to rebuild following the impact of COVID-19
·The ability to deliver within the timescales available (one month)
Note that each area has their own specific eligibility that can be found via the LEP Network Website.
How could we help?
At Flock, we are specialist Charity Accountants and can help with professional advice and guidance on the following topics:
Social impact measurement and reporting
Business models and service reviews
Executive / board coaching