Emergency Cash Grant Scheme 2020-03-24

2020-03-24

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Questions & Answers

Q1 Direct Answer
Philip Hollobone Con
Kettering
Context
The scheme was announced on 17 March 2020 to support small and medium-sized enterprises during the pandemic.
What estimate has been made of the number of businesses in Kettering constituency, Northamptonshire, and England that will benefit from the emergency cash grant scheme?
We are providing cash grants of £10,000 to over 700,000 small and medium-sized businesses across England and grants of up to £25,000 per property for qualifying retail, hospitality and leisure businesses. We estimate that these combined measures will benefit up to 1 million businesses in England. Local authorities will deliver these grants over the coming weeks and consequently will have information about the number of firms that have benefited at a local level in due course.
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