The £6.5m Lambeth Economic Resilience Fund to support organisations through the COVID-19 pandemic is now open, DEADLINE 5pm Friday 8 January 2021
Lambeth Council has launched a new £6.5million fund to support organisations in the borough who continue to be most severely impacted by the Covid-19 pandemic.
The first phase of Lambeth’s Economic Resilience Fund will target culture and creative industries, independent hospitality and their supply chains, market traders and concession-based businesses and businesses based in shared workspaces.
To be eligible for the grants, businesses and organisations will need to show they lost at least a 20 per cent of their income due to the restrictions in place to control to spread of Covid-19. The awards will range in size from £1,334 to £25,000, depending on the size of financial impact suffered and the individual circumstances of the organisation.
The first phase of Lambeth’s Economic Resilience Fund will provide targeted grant support to small and medium size enterprises in the following priority groups:
- Culture and creative industries (including supply chains)
- Independent hospitality and leisure (including supply chains)
- Businesses operating in shared workspaces
- Market traders and concessions without a business rates liability
If you have any queries about the Economic Resilience Fund, please contact firstname.lastname@example.org
Application deadline: 5pm Friday 8 January 2021