A Stockport Council support scheme for large (over 50 employees) employers in Stockport remains open to applications until the end of the month.
Grants of up to £150,000 per business are available, with applications required by 28th February 2021. Businesses will be considered if they are based in Stockport with over 50 employees and have a strategic impact on the local economy (businesses with less than 50 employees will be considered in exceptional circumstances where there is exceptional contribution demonstrated to the economic vibrancy locally).
The support scheme for large employers aims to provide additional financial support to help businesses survive and protect jobs in the borough by helping cover operational costs and overheads. Grants cannot be used to support wage costs for workers, or contributions to furlough payments.
Please consider the application guidance and check the eligibility criteria summarised below and given in more detail on the Stockport Council website, here.
Eligibility
Businesses will be eligible to apply for the grant scheme if they employ more than 50 people, and can demonstrate their strategic importance to the local economy in Stockport.
Applications will be considered on an exceptional basis for smaller employers providing they can demonstrate their exception impact on the local economy and vibrancy of the town, district and local centres.
How to apply
Applications can be submitted via the Stockport Council website.
Businesses will need to demonstrate their strategic importance to the local economy as part of the application process. Additionally, businesses must also provide evidence they have experienced a significant and substantial negative impact on trading as a result of the pandemic: reductions must be based on previous levels of trading, not in comparison with forecasted figures.
Incomplete applications, and those that do not provide necessary information will not be successful.