Over £20m provided to support Mansfield businesses

April 23, 2020

1,019 business properties in Mansfield have already received grants as part of the Government’s Small Business Grants Scheme. In total, more than £11,780,000 has made its way to small businesses in the area.

 

In recognition of the extraordinary pressures facing small businesses during the coronavirus outbreak, the Government launched the Small Business Grants Scheme, backed by £12.3 billion. The funding is provided to local authorities, who are then able to offer grants of up to £10,000 to small businesses, and up to £25,000 for eligible leisure, retail and hospitality businesses. Since the scheme’s launch in March, £6.1 billion has already been paid out to 491,725 business properties across England, including 1019 in Mansfield

 

In total, Mansfield has been provided with £20,310,000, which could help as many as 1,595 businesses in the local area.

 

Can I thank Mansfield District Council for the way they've managed to turn around the grant payments so quickly and get this cash out to businesses.

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