New grant support for local businesses to help them adapt due to Covid-19

WINCHESTER civic chiefs have launched a new grant scheme to help businesses and organisations adapt, transform, and diversify their operations due to Covid-19.

The Transformation, Adaptations and Diversification Fund (TAD) offers up to £5,000 for adaptations, and up to £20,000 for transformation and diversification, and is part of the Government’s Additional Restrictions Grant Fund.

Andrew Gostelow, service lead for economy and tourism, at Winchester City Council, said: “This grant will support businesses and organisations to implement any new plans to adapt their premises to serve customers within COVID-19 restrictions guidelines. For example, by offering new take-away services, or if they have plans to diversify or transform their services, products and business model to reach new customers and markets.

"The amount of grant funding awarded will be appropriate to the scale of these changes.”

Awards will be allocated based on the individual business case submitted and organisations may apply for one or both elements of the fund. This is a limited fund and payments will be made on a first-come, first-served basis.

The deadline for applications is Monday May 24.

To download the full criteria and guidance notes or to complete an on-line application visit: https://www.winchester.gov.uk/business/business-grants/tad or contact our Economy team at: ecodev@winchester.gov.uk