At the end of July the Government announced that it would be making £20m worth of IT grants available to help support small businesses during the Covid 19 pandemic.
Minister for Regional Growth and Local Government, Simon Clarke MP said: “Businesses will be able to use these new grants to pay for the expertise, equipment and technology they need to adapt, recover and rebuild”.
The IT funding package will make grants available between the values of £1,000 and £5,000 and can be used for a variety of things such as upgrading equipment, improving digital infrastructure and paying for expert advice and consultancy.
Businesses who provide their services primarily face-face or from a brick and mortar property should find this grant particularly helpful to get their business online. For businesses who do not currently have a website, this could be a good opportunity to expand offerings perhaps to sell products via an online shop, utilise paid advertising to promote your business and improve brand visibility or deliver webinar services through a website or adopt a new technology. The grant can be used for the following areas:
- IT and Digital
- Human resources (HR)
The impact of Covid 19 on many small businesses has been devastating, some businesses have had to close completely and others are struggling with remaining lockdown restrictions. Small businesses will take time to recover from the economic downturn that has left so many out of pocket. Hopefully these grants will help businesses recover from the terrible effects of Coronavirus.
Find out more about how to apply for a small business IT grant here.