Co-operatives urged to apply as funds released for businesses impacted by Omicron wave
News item
Government delivers more than £700m funding to local authorities in England for businesses most impacted by Omicron and Co-operatives UK is urging co-operatives to apply.
Government is giving councils in England more than £700m in additional money to provide grant aid during the Omicron wave. Most of this money is targeted at the hospitality and leisure sectors.
Co-operatives UK is now urging co-operatives to engage with their council and apply for support.
Co-operatives UK Policy Officer James Wright said: "Any co-operative in England experiencing difficulties because of Omicron, through reduced business or disruptions such as staff absences, should contact their local authority right away to apply for new grant support."
Councils will also have grant money for businesses outside of the hospitality and leisure sectors, with discretionary powers as to which businesses they prioritise, through an 'Additional Restrictions Grant' fund. Some councils have used discretion in earlier Covid grant schemes to support co-operatives and the social economy.
James added: "When approaching councils for discretionary grant support, we advise members to prepare their case in advance, with evidence of their economic, social and environmental value, wherever possible."
Omicron grant aid in England
Devolved administrations are being given new funds to provide similar support. Co-operatives in Scotland, Wales and Northern Ireland should watch out for announcements from devolved governments. It is highly likely that councils will administer most of this support.