05/08/2020 - Permalink

Coronavirus: Shropshire businesses accessing funding opportunities – yours could be next!

Related topics: Coronavirus / Economic growth / Finance and budget / Partner organisations

In May 2020 Shropshire Council secured free access to funding opportunities for Shropshire businesses to help them through the COVID-19 pandemic.

This free access is only available until 31 October 2020, so the time for your business to benefit is now!

So, a bit about GRANTfinder…

GRANTfinder, through the Open4Business portal, provides a one stop shop for the funding and support needed to help your business succeed and grow; vital in a time of challenging conditions for business. We want as many local businesses to benefit from this great free resource as possible.

We all know that this is a worrying time for many businesses and the future may feel uncertain for many. We hope that finding opportunities through Open4Business will help alleviate some of your concerns.

This great resource highlights business news including information about new funding streams designed to support you in responding to the impact of the coronavirus pandemic. Access to the site will allow you to assess whether there are opportunities you can apply for to support your business.

During May and June Shropshire businesses made 651 visits to search the Open4Business site. The most popular schemes to date have been:

  • Bounce Back Loans Scheme (BBLS)
  • COVID-19 Local Authority Discretionary Fund for Small Businesses (England)
  • Future Fund COVID-19)
  • Salesforce Small Business Grants Programme
  • Self-Employment Income Support Scheme (SEISS)

Steve Charmley, Shropshire Council’s Cabinet member for assets, economic growth and regeneration, said: 

“Shropshire Council has been working incredibly hard to support businesses, including distributing £79,295,000 to 6,713 businesses as part of the Government’s grant schemes.

“We’re delighted to have the opportunity to promote free access to grant funding information for our local small and medium-sized businesses, particularly at a time where further support is urgently needed, and I’m pleased businesses have been making use of it.

“This resource will be available for free until 31 October 2020, so I would encourage all Shropshire businesses to make the most of it as we continue to rebuild the local economy together.”

Who has been using Open4Business so far? 

Although Open4Business is available to all Shropshire businesses, to date, the majority of users have been small businesses with less than ten employees. So, if your business is a small business, make sure you take a look at Open4Business and see if there is any funding and support that you could benefit from.

Open4Business has been most popular with businesses in the accommodation and food service; arts, entertainment and recreation; professional, scientific; and technical and retail sectors.

You access information about funding and support for your business by visiting www.idoxopen4business.co.uk/shropshire.

Coronavirus: Business advice and support

Business support

Businesses can access a broader range of business support through the Marches Growth Hub. The Marches Growth Hub offers a single point of access to information and guidance on business grants, loans, support and advice available to enterprises across the region, regardless of sector or size of development.

For more information about the advice and support that is available to your business, visit the Marches Growth Hub website or ring 0800 998 1098.

Further information

Stay updated with the latest news about coronavirus and Shropshire Council services by signing up to our email bulletins