A new package of support has been announced by metro mayor Steve Rotheram to help support businesses and communities in Liverpool during the pandemic, with funds redirected from existing Combined Authority projects.
He made the announcement last week (April 16th) at the launch of Gather, a programme that will offer free online support to small and medium-sized enterprises in the Liverpool City Region working in the digital, creative and tech sector.
“We are locked in a battle with coronavirus on many fronts. This is not just a medical emergency, but a health and social one too. Right now, in addition to protecting lives and supporting frontline workers, I’m focused on helping local businesses get the support that they need to secure their futures as well as those of their staff.
“I know that there are still gaps in support for too many businesses, but we are doing all that we can to help. There is no manual for dealing with a pandemic on this scale,” Mr Rotheram said.
In all, £15 million in funding has been brought forward, including £5 million to support businesses and help them access national government funds while improving the survival rate of LCR businesses.
Local authorities will also enjoy greater flexibility to use the £6 million Town Centres Fund to support local high streets. And a six-week programme of intensive support for 240 small businesses across all sectors has been launched, alongside an online business resilience programme and £400,000 to support small businesses in the cultural sector.
This latter support lifeline includes the Music Fund, with up to £10,000 in grant or loan funding for SMEs, and the Film and TV Development Fund that will provide investments of up to £25,000 per project.
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