Leek Post & Times

1,000 county businesses get over £3.4m in funding

‘Back to Business scheme is unique in the UK and has made a very real impact’

- By Post & Times reporter newsdesk@thepostand­times.co.uk

A UNIQUE partnershi­p to help the Staffordsh­ire economy ‘survive and thrive’ during and after the pandemic has so far allocated over £3.4million to nearly 1,000 small and medium-sized business across Staffordsh­ire.

Set up by Staffordsh­ire County Council, the Staffordsh­ire Means Back to Business scheme brings together funding and resources available from all the county’s borough and district councils to help more businesses with support quicker than ever before.

It means that an extra £3.4m of help and support has been allocated to Staffordsh­ire businesses over the last two years than was originally available from central government. The scheme brings together Covid-19 business relief grants from district and borough councils with additional funding from the county council.

Now almost 4,000 entreprene­urs, employees and potential business owners have benefited from growth grants, interest-free loans, fully funded business advice, training and finance to upskill their staff and take on apprentice­s.

The scheme has seen over £390,000 allocated in grants to support businesses to survive and grow, over £1.6 million to support over 400 new apprentice­s and over £550,000 to support almost 2,500 employees with fully funded training for the skills they need now and into the future.

Thanks to the success of the scheme, the county council was allocated an additional £726,000 from the UK Government’s UK Community Renewal Fund to continue the scheme’s apprentice­ship, start-up loans and start-up support schemes.

The owners of Central Medical Supplies in Leek all say that their survival was thanks to the quick turnaround of a grant from the partnershi­p.

Central Medical received a grant of £5,000 in just over two weeks following an applicatio­n for a Thrive Grant from the scheme.

Jon Pollett, finance director at Central Medical, said: “It was an extremely worrying time during the lockdown when demand literally vanished overnight. We really felt the impact.

“But thanks to the Staffordsh­ire Means Back to Business grant and our commitment to our customers, we were able to change how we do things and meet customers’ new expectatio­ns.

“The grant from the scheme was absolutely critical to our survival and was also the springboar­d to our growth.”

Staffordsh­ire County Council’s deputy leader and cabinet member for economy and skills Philip White said: “The Staffordsh­ire Means Back to Business scheme is unique in the UK and has made a very real impact.

“When lockdown struck and at least half of the economy shut down overnight, we knew that we needed to do more and fast to support local businesses.

“While the pandemic was devastatin­g and sadly some businesses were lost, this additional funding has helped many businesses with what during such an uncertain time, and even grow and change to be more robust for the challenges of the future.”

Although most of the funding has now been allocated, a small number of grants of up to £5,000 are available to businesses looking to take on or support an apprentice. More informatio­n is available at bit.ly/ Anapprenti­ceforless.

Any business less than two years old

can apply for an interest free startup loan of up to £5,000, with more informatio­n while anyone looking to start up their own business can get bespoke profession­al business and marketing advice and support through the Get Started scheme

at bit/ly/getstarted­withscc. The Stoke-on-trent and Staffordsh­ire Growth Hub on 0300 111 8002 has dedicated business advisors on hand to support and signpost businesses to current funding and profession­al support.

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