The Combined Authority has made available a vital £44 million lifeline to nearly 4000 businesses hit hard by the pandemic, through a range of grants.
The Mayor said that the next tranche of the Combined Authority’s devolved gainshare funding would “form the bedrock of our COVID recovery fund."
The intention of the Fund is “to support people and communities in need across the UK. It will invest in skills, communities, businesses, and by supporting people into employment.”
The new Local Business Support Grants, of between £3,750 and £13,500 per business, are aimed at businesses who have not yet accessed funding from the Liverpool City Region.
A further £2m fund, established by the Liverpool City Region Combined Authority to enable its six local authorities to contribute to the costs of taxi licences, has been announced.
Steve Rotheram, Metro Mayor of the Liverpool City Region, has welcomed the report of the city region’s Town Centres Commission, which he established in January 2020.
A new £10m round of top-up grants will be made available for all 1500 businesses supported by the first two rounds of the Liverpool City Region’s emergency COVID-related support grants.
Construction is now underway at three development sites across the Liverpool City Region following an investment of £2.65m from the Liverpool City Region Combined Authority’s Light Industrial Fund.
Metro Mayor Steve Rotheram has announced £1.1m of funding from the Future Innovation Fund Pilot to 22 local SMEs who have continued to innovate during the COVID-19 pandemic, contributing to the city region’s economic recovery.
Steve Rotheram, Metro Mayor of the Liverpool City Region has announced an £8.4m investment in Project Violet, the next stage of development at Sci-Tech Daresbury, the world class location for high-tech business and leading-edge science.