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Pandemic grants hit £50m milestone in Newark and Sherwood

Posted onPosted on 2nd Jul
Pandemic grants hit £50m milestone in Newark and Sherwood

Newark and Sherwood District Council has announced that it had issued over £50m in grants and support payments to local business since 27 March 2020.

Supporting local business has been an important part of the council’s response to the Covid-19 pandemic. It said reaching the milestone of £50m support for local business underlined the council’s commitment to the local economy.

The support offered has ranged from practical advice on how to run businesses in a Covid-19 secure way through to financial support in the form of grants and support payments.

“As soon as businesses were told to close, the council acted quickly by using its own financial resources. Payments started immediately on 27th March, 2020, which meant the council was able to pay out around £7.45m before any money came through from Central Government. This translated into help for businesses facing uncertainty and potential hardship, allowing them to plan for the future and potentially remain afloat,” said Coun David Lloyd, leader of Newark and Sherwood District Council.

“As a council, it was really important that we acted quickly to help our local business community. We felt that, whilst other district councils needed to wait for the funding to clear from Central Government, we could act swiftly to give our business owners some peace of mind and certainty in what proved to be a challenging world.”

1804 Property Solutions tweeted to say how the council helped them: “Once again, @NSDCouncil show how brilliantly focussed they are on helping businesses in the area. Phone call from Karen reminding me to apply for the restart grant and 48 hours later the money is in the bank, outstanding service thank you.”

Whilst on Facebook, Newark Air Museum echoed this sentiment: “Throughout the last 12 months your grants department have been superb and extremely supportive; which has helped us tremendously in these challenging times!”

If your business is eligible for the current round of Restart Grants and Additional Restrictions Grants, the council advised that applications need to be completed by 30 June 2021.

You can find out more about the work Newark and Sherwood District Council does with local business by visiting