DAVID TUTT: LEADER OF EBC: Vital we continue to assist Eastbourne businesses
With the furlough scheme extended there is some continued support for businesses, which will hopefully help to protect jobs.
The road map which he has published has announced the earliest dates by which restrictions will be relaxed, if the rate of infection continues to fall, but he also made it clear that he could not guarantee his plan would not be irreversible.
In his words: “The intention is that it should be.”
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Hide AdHotels and indoor hospitality will not reopen before the middle of May and even then limits will remain on the number of people who can meet up.
This will present a continued challenge to our local economy which as a coastal town, relies so heavily on this sector.
Given the current situation, Eastbourne Borough Council have been exploring what additional support can be given to small businesses, within the guidelines of the Government Additional Restrictions Grant (ARG).
This was designed primarily to support businesses that were mandated to close but were not eligible for grants under former schemes.
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Hide AdThis review has identified an opportunity to provide small grant support for taxi drivers and private hire businesses.
It will also be possible to provide payments to micro, small and medium sized businesses that are still trading but have suffered a significant downturn in income, as well as those who were mandated to close by Government.
As we begin to emerge from the lockdown, it is vitally important that we continue to assist businesses through the recovery who may have had to or will need to adapt or re-purpose to ensure survival.
A business adaptation grant will be available for businesses in the form of capital funding, to claim for expenses such as training or upskilling new staff, expansion of an existing business or costs associated with adaptation as a result of the pandemic eg diversification into online retail.
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Hide AdDetails of these schemes will appear shortly on the Eastbourne Borough Council website.
The impact of the pandemic has in both health and financial terms been devastating, but I remain optimistic that we can and will recover from it.
Stay safe!