Grants scheme receives 211 applications in one day
The second round of a Warwickshire County Council grant scheme designed to help businesses adapt to future challenges following the pandemic closed after just one day this week due to overwhelming demand.
In its first round, earlier this year, the council's Adapt & Diversify business support grant scheme delivered over £600,000 of grant funding to 52 business.
Round Two opened at 9.30am on 17th May and was closed at 5pm the same day after WCC's Business & Economy team was deluged with bids. In seven and a half hours, they received 211 applications, worth over £2.7m, for grants from the £850,000 pot.
The second round had been launched a month before the scheme actually re-opened to applications, in order to give businesses plenty of time to prepare their bids. A webinar to provide more information on the process was attended by over 75 businesses and the council would like to thank all businesses who completed their applications with all the required information.
All applications are being assessed with the necessary thoroughness as quickly as possible. All applicants will be provided with an update on their project by Monday 31st May.