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" Through the support from the Durham Business Recovery Grant , we can ensure businesses with recovery plans can access the necessary financial assistance to move forward ."
have brought . Many of them have demonstrated tremendous agility , adaptability and innovation , which has enabled them to diversify to survive by selling to new markets and manufacturing different products .
“ Through the support from the Durham Business Recovery Grant we can ensure businesses with recovery plans can access the necessary financial assistance to move forward , enabling them to adapt and thrive while safeguarding jobs . By supporting companies in our county , we are in turn ensuring our economy is resilient and in the best possible shape to in time recover from the impact of the pandemic .”
Sarah Slaven , interim managing director of Business Durham , said : “ The months ahead are going to continue to be challenging for businesses , but we know companies across the county need to look ahead and develop their plans to adapt and recover .
“ The Durham Business Recovery Grant will provide muchneeded financial support to enable companies to take their plans forward . The grant will be available in tranches , so we suggest companies take some time to develop a credible plan and make use of advice available from Business Durham and other support providers before applying for the funding .
“ The Durham Business Recovery Grant differs from government grants as it is designed to help businesses achieve their plans for new ways of working .
“ We are looking for businesses from all sectors with a credible plan to look to the future and hope this grant , along with all the other support available from Business Durham , government and other organisations , can help business thrive in 2021 .”
WHO CAN APPLY FOR A DURHAM BUSINESS RECOVERY GRANT ?
Eligible County Durham businesses must :
� Have a credible and costed recovery plan
� Be able to fund their share of the recovery plan
� Have a significant presence , but less than 250 employees in County Durham
� Have been established before March 11 2020
� Be registered to pay tax on profit � Have a business bank account
� Have experienced significant adverse impact from Covid-19
� Be solvent
For further information on the Business Recovery Grant and to check eligibility criteria , visit businessdurham . co . uk / dbrg
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