£32 million handed out to Wolverhampton businesses
More than £32 million has been handed out to businesses through a coronavirus support scheme.
A total of 2,859 businesses in Wolverhampton have received a slice of the Government funding – equating to 86 per cent of requests.
A further 463 are at various stages of the process, with the cash handed out by Wolverhampton Council.
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."
Councillor Banger has also urged businesses to make use o the Government's Bounce Back Loan scheme – providing loans from £2,000 to £50,000.
He added: "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.
