Coronavirus (COVID-19)

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Name
Covid-19 Retail and Hospitality Recovery and Investment Fund
Outline

Warwickshire County Council is establishing a small number of Covid-19 recovery and investment programmes as part of an initial £5 million package of funding approved by Council to support the immediate economic recovery in the county.

The Retail and Hospitality Recovery and Investment Fund offers grants of £2,000 to £7,500 towards the costs of capital investments. It is designed to help Micro and Small businesses in the retail and hospitality sectors, fund capital investment projects which sustain their business, safeguard jobs and support its future growth. Eligible costs include refurbishing or refitting property to increase footfall or improve visitors’ experiences, creating an online sales presence, investing in dedicated IT and computer software, and the purchase of minor equipment.

Grants are only available towards the costs of tangible capital assets for businesses with a minimum of one year trading history.

The capital investments must be part of a plan to sustain and grow the businesses, as well as to safeguard existing jobs. Applying is a competitive process and safeguarding of jobs is the priority as well as business development and diversification. This is not a first come first served programme.

It is imperative that ALL Applicants read the guidelines before submitting an application as applications for ineligible costs/activities will not be considered: 

Applications for this grant are now closed. There will be another opportunity to apply later in the year and this will be well publicised.

Thank you for your interest.

This grant programme is for Retail and Hospitality businesses only. Businesses in other sectors might be interested in our new “Survive, Sustain and Grow” programme which provides a consultancy service to assist businesses with their post Covid-19 recovery plans.

For details of all other support to help your business recover from Covid-19, contact Coventry and Warwickshire LEP Growth Hub.

You can find more information from the Coventry and Warwickshire Chamber of Commerce if you require support and your business is less than a year old.