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Enterprise

FSB pleas for councils to do more to help desperate small businesses and self-employed through lockdown

Call comes as Lincolnshire County Council finds £12m from its reserves to offers SMEs cash lifeline

Mike Cherry, national chairman of the Federation of Small Businesses (FSB)(Image: Huddersfield Daily Examiner)

The Federation of Small Businesses wants more councils to offer financial support packages to small firms and self-employed people struggling through lockdown.

Thousands of SMEs, restaurants, venues, hotels and shops have either gone under or face going under since the pandemic hit.

Meanwhile many self-employed workers, particularly the recently self-employed, have found themselves struggling for support.

The call comes after Lincolnshire County Council unveiled a £12 million grant scheme aimed at businesses in the region that have not benefited from the Government’s previous support schemes, and smaller businesses with 50 employees or less.

When that scheme launches, local businesses could benefit from up to £10,000 of funding, paid for out of the council’s reserves.

Lincolnshire County Council economic development spokesman Coun Colin Davie said: “Our small, local businesses are the backbone of the county economy – there are around 43,000 in Lincolnshire, and it’s vital we help those that have had no help to ensure they survive the financial impact of the pandemic.

“The focus will be on those businesses that have been unable to access the government’s Covid support schemes, such as those that are less than a year old or without premises or home-based.

“And there are likely to be separate pots of money for specific needs, such as a digital technology grant and a village shop grant. These will be launched on a staggered basis, with the general grant scheme opening first.