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Economic Development

Cornish businesses affected by coronavirus receive more than £116 million in grants

Cornwall Council expects to pay out around £281m to 24,000 small businesses and businesses in the retail, hospitality and leisure industry

St Ives shop front(Image: Greg Martin )

£116 million of grant funding has been given to around 10,000 Cornish businesses in the wake of the coronavirus pandemic. 

Since, thousands more businesses have contacted Cornwall Council about a business support grant – a fund set up by the Government and administered by the council. 

Over the coming weeks the council expects to pay out around £281m to 24,000 small businesses and businesses in the retail, hospitality and leisure industry. 

The council has written to all businesses in Cornwall with information about support available and is currently contacting a further 395 businesses in the Isles of Scilly. 

Bob Egerton, Cornwall Council cabinet portfolio holder for culture, economy and planning, said businesses who apply for the business support grant by midday on Tuesday, April 7 should receive payments by Thursday. 

“Our team is working hard to make sure grants are paid as soon as possible and it’s a testament to their commitment that around 10,000 businesses had their payment sent within two days of the Government funding being made available,” he said. 

“If you’ve received a letter from us and have not yet applied for a business support grant, I urge you to do so without delay. The funding is there to support you and your staff as we weather the storm of the coronavirus pandemic. 

“And if you haven’t received a letter, but believe you’re entitled to support, please get in touch.”