New Covid-19 Relief Scheme for City SMEs

The City of London Corporation has agreed to launch a new grant scheme to support Square Mile businesses that have been hit by restrictions introduced in response to the Covid-19 Omicron variant.

The City Corporation scheme of up to £10 million will be targeted at businesses that primarily operate in the City of London in the retail, hospitality, leisure and medical sectors.

An estimated 1,100 businesses are expected to qualify for support. Only businesses that were in occupation on 1st April 2021 and have been in occupation continuously since this date will be eligible to apply for a grant. The City Corporation will be contacting most businesses that qualify directly and inviting them to apply for this support through an online application process. Other businesses will also be able to apply via the City Corporation website.

The City of London Corporation has agreed to launch a new grant scheme to support Square Mile businesses that have been hit by restrictions introduced in response to the Covid-19 Omicron variant.

https://news.cityoflondon.gov.uk/city-corporation-to-launch-new-covid-19-recovery-grant-scheme-for-square-mile-smes/