Gloucestershire SME Recovery Grants - Lots more details ... advertised by GlosJobs.co.uk

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GFirst LEP CIC

Contact Information:
GFirst LEP CIC
Oxstalls Campus
Oxstalls Lane
Gloucester
Gloucestershire
GL2 9HW

Tel: 01242 715480

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Gloucestershire SME Recovery Grants - Lots more details ...

Gloucester

Gloucestershire Growth Hub Gears Up for SME Recovery Grants.

The Gloucestershire Growth Hub, which has been established since 2014, is the leading, fully-funded business support service available to all businesses across Gloucestershire.

It has a wide business network across the county and has effectively supported the growth ambitions of more than 6,000 businesses in the county. Since the pandemic, the Gloucestershire Growth Hub has been working hard to provide direct, fully-funded support to businesses who are working through the impacts of Covid-19 and who are now looking towards recovery as the county starts to get back to business.

On the 3rd of July, the Minister for Regional Growth and Local Government, Simon Clarke MP, announced that communities will have access to financial support as part of the extensive economic recovery plans across the country.

The Gloucestershire Growth Hub team has confirmed an allocation of £464,655 and has decided to best support the county by distributing the allocated funds to as many applicants as possible with an estimated grant size of £3000 per business.

Ministries for Housing, Communities and Local Government and (MHCLG) have outlined the criteria for business who may apply, with the key criteria listed below.

  • Businesses must be based in Gloucestershire.
  • Business must be fall under the SME definition – less than 250 employees and less than 50m turnover.
  • Business must have started trading before 1st March 2020.
  • Business must be able to demonstrate the impact of Covid-19.
  • Business must show how the grant allocation will support recovery plans.


Eligible grant applications will include activities including

  • Purchase of specialist consultancy/advice.
  • Purchase of minor equipment that supports the adoption of new technology/business processes in order to continue to deliver or diversify business activity in response to COVID-19.
  • Purchase of minor equipment that supports the adaptation of existing technology/business processes in order to continue to deliver or diversify business activity in response to COVID-19.

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