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ARTICLE · 21 AUGUST 2020

New Government Grants For SMEs

Charles Russell Speechlys LLP
Charles Russell Speechlys LLP
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Charles Russell Speechlys LLP

Charles Russell Speechlys LLP

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£20 million in new grants to help SMEs to access specialist advice, new equipment and technology to assist with pandemic recovery.

United KingdomCoronavirus (COVID-19)

£20 million in new grants to help SMEs to access specialist advice, new equipment and technology to assist with pandemic recovery.

The Covid-19 pandemic has created unprecedented challenges for SMEs. A wide array of new funding schemes and legislative changes designed to support businesses have been rolled out over recent months, but navigating these new systems, and dealing with the impact of months of lost or reduced revenue, will pose still more challenges for businesses. As is highlighted by this latest funding scheme, it is more important than ever for SMEs to obtain proper advice as they seek to recover and rebuild, to avoid mistakes that could cost many thousands of pounds further down the line.

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