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Government announces £20 million funding to help high streets affected by riots

Posted: 18/08/11 by EMB Group

Business Link has announced support is being made available to those small and medium sized businesses (SMEs) affected by the recent public disorders. Businesses affected can now benefit from a new £20 million High Street Support Scheme, launched by the Government who are making the funding available through local authorities to help SMEs and high streets get back on their feet following the disturbances.

The scheme will support businesses facing cash flow problems whilst they wait for insurance or other claims to be met. It will also help companies with non-refundable exceptional business expenses, and aims to help rebuild business confidence in affected areas.

To qualify for this support, businesses must:

  • be small or medium sized enterprises (SMEs) - ie, independents with less than 250 employees worldwide and an annual turnover of less than £11.2 million
  • have been based in an area affected by recent disorder between 6-11 August, and
  • have suffered losses as a direct result.

Businesses should contact their local authority to make a claim.
More detailed information about the High Street Support Scheme and other help for businesses is available from Business Link East Midlands - contact 0845 058 6644

David Polkey MIED MCIPR
PR & Communications Manager
EMB Ltd - delivering the regional Business Link Service across the East Midlands
Innovation House
Riverside Park
Raynesway
Derby
DE21 7BF

email: david.polkey@businesslinkem.co.uk
Telephone
: (Enquiry Line) 0845 058 6644
Direct Tel: 01332 826 359

www.businesslink.gov.uk/eastmidlands

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