Wolverhampton businesses urged to apply for funding through coronavirus scheme
Businesses across Wolverhampton have been urged to claim support through a coronavirus scheme.
Council chiefs have made the call to eligible businesses in the city – with almost £30 million already paid out to 2,540 firms.
A further 642 businesses are in various stages of the process for a slice of Government cash which is paid by Wolverhampton Council.
It means a total of 77 per cent of forecasted eligible businesses in the city have made claims.
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Councillor Harman Banger, cabinet member for city economy, said: "Eligible businesses who have yet to apply for a grant are being proactively contacted and offered additional support.
"We are doing everything we can to support our small businesses to access this money including proactively contacting businesses who are eligible and increasing the number of council staff working on processing the grants.
"We have staff on hand to support businesses who require help and advice with the online process.
"If you’ve already filled in an online form but haven’t received your grant payment yet, please bear with us.
"Rest assured, we will make sure every business is supported in whichever way possible."
The funds are paid out through the Government's Small Business Grant Fund and Retail Hospitality and Leisure Grant Fund.
Businesses have also been urged to utilise the Government's new Bounce Back Loan, which went live on Monday.
Councillor Banger said: "It is important small businesses look seriously at the Bounce Back Loan scheme with a view to how their business might look in 12 to 18 months.
"This scheme could be a vital tool in the recovery and eventual growth of their business."
Anyone with any business support queries should call 01902 290242 between 9am and 5pm from Monday to Thursday or from 9am to 4.30pm on Fridays.
