Bournemouth Chamber of Trade & Commerce

Bournemouth Chamber of Trade and Commerce

BELONG. CONNECT. PROSPER

SME Brexit Support Fund

The SME Brexit Support Fund could give you up to £2,000 to help with training or professional advice with exporting, if your business has up to 500 employees and no more than £100 million annual turnover.

Applications will close on 30 June 2021 or earlier if all funding is allocated before this date.

Eligibility and application criteria

Restart Grant scheme – BCP Council

BCP Council are aiming to get approximately £23million in Restart Grants out to our businesses shortly after Easter. These funds will support businesses that are predominantly reliant on delivering in-person services for the general public from their business premises and will be paid directly to businesses that have already been awarded a Local Restrictions Support Grant for the period from 16 February to 31 March.

Depending on rateable value, these awards will vary from £2,667 to £6,000 for non-essential retail businesses and from £8,000 to £18,000 for businesses in the hospitality, leisure, accommodation, personal care and gyms and sport sectors where the criteria is met.

Full details of the Restart Grant scheme and eligibility criteria will be available on the Council’s website by 1 April.

An application form for new applicants will also be made available once initial grants have been made.

Find out more here

£4.5m Additional Restrictions Grant Stream 3 announced

A comprehensive package of discretionary funding will be used to support local economic recovery and help businesses across Bournemouth, Christchurch and Poole bounce back from COVID-19. The funding will be split to target various different organisations both for direct grants and for wider business support measures.

£750,000 Exceptional Circumstances Fund will be launching next week. This will target those businesses who have suffered a significant reduction in income but that have not received any grant support so far. Varying levels of grants may be awarded up to £10,000. Further details for this scheme will be released next week and organisations will have to apply to be considered for the grants.

BCP Council’s wider package of support will also allocate budgets to the following:

  • R3 Economy Recovery Taskforce groups
  • Bournemouth Town Centre BID, Bournemouth Coastal BID and Poole BID
  • Local business support organisations
  • Resourcing of Economic Development and regeneration projects
  • Bounce Back Challenge Fund whereby businesses and organisations can put forward applications for either small scale (£15,000) or large scale (£70,000) projects that assist with the recovery of the economy, improve our localities and are innovative.

These schemes are very close to being finalised and details will follow in early April.

Eligibility and application criteria