NEW COVID-19 RECOVERY GRANT OPENS FOR APPLICATIONS

1. Title: NEW COVID-19 RECOVERY GRANT OPENS FOR APPLICATIONS2. Awarding Authority: Cornwall & Isles of Scilly Local Enterprise Partnership, GB. Web: 3. Contract type: Service contract4. Description: The Awarding Authority Kickstart Grant Scheme will open for applications from local businesses at 10am on Wednesday 2nd September.The grant aims to help businesses in their COVID-19 recovery and applicants will have to provide details of how they have been impacted by the Coronavirus pandemic. The grant can be used to fund specialist professional advice such as accountancy, HR, legal, financial or IT support. It can also be used to purchase equipment or new technology in order to continue to deliver or diversify business activity.100% of the money will come from European Regional Development Fund (ERDF) with no obligation for businesses to contribute financially. As with other ERDF funded schemes, businesses must be based in Cornwall or the Isles of Scilly and be a small or medium enterprise.As part of their application, businesses will have to provide a quote for any work or purchases they intend to fund, and work must not have started on the project or goods been purchased. If successful, the business will need to pay for the work or goods and then claim the money back once the project has been completed. Applications will be submitted via the Growth Hub website and, with the expected high demand for the grants, will be assessed and awarded in the order they are received. After receiving the first 250 fully completed applications the online portal will close whilst these applications are processed. If any unallocated funding remains, the website will open again for another period of time.The grant funding is being managed on behalf of Government by the Cornwall and Isles of Scilly Growth Hub. The Growth Hub provides free and impartial help to businesses in Cornwall and the Isles of Scilly, signposting them to business support and advice.The Cornwall & Isles of Scilly Kickstart Grant Scheme is supported by the England European Regional Development Fund as part of the European Structural and Investment Funds Growth Programme 2014 to 2020.5. CPV Code(s): 79400000, 79000000, 98000000, 98130000, 98133000, 853200006. NUTS code(s): UKK, UKK3, UKK307. Main site or location of works, main place of delivery or main place of performance: Cornwall and Isles of Scilly.8. Reference attributed by awarding authority: Not provided.9. Estimated value of requirement: Grants of up to £5000 will be available through two previously announced funding schemes. One is specifically aimed at tourism-related businesses, while the other is open to any small or medium-sized business impacted by the pandemic. With a total combined value of £1.44m and anticipated average grants of £3,000, the Scheme is expected to support around 480 businesses. 10. As no deadline date has been specified please contact the awarding authority for further information.11. Address to which they must be sent: For further information on the above contract please visit Web: 12. Other information: To find out more about the Covid-19 recovery grants visit ciosgrowthhub.com/business-grants available on the website above. This page contains all the information currently available and the Frequently Asked Questions (FAQs) are very comprehensive.# funding opportunity# COVID-19