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04/08/2021

District Council Supports Businesses with New Grants to Boost Local Economy



A £350,000 fund has been launched to support businesses across Three Rivers District with the aim of boosting the post-pandemic economic recovery.

Three Rivers District Council has agreed the new fund in a bid to support local businesses, drive innovation, growth, efficiency and productivity for companies hit by Covid restrictions.

To register your interest, login or register (it's free!), and visit the Three Rivers Business Growth Grant funded listing.

Three Rivers Business Growth Grants are worth between £2,000 and £5,000 and are designed to be spent on business consultation services as well as business tools and equipment. The investment is a part of the council’s recovery plans and is aimed at supporting and creating jobs and growth.  

The district council is partnering with Hertfordshire Growth Hub, powered by Hertfordshire Local Enterprise Partnership, to deliver the new programme of support.

Grants are available for businesses which employ between 2 and 19 people, have the capability to grow and have been affected by Covid restrictions over the past 14 months.

Cllr Sarah Nelmes, Leader of Three Rivers District Council, said: "We are absolutely committed to working with local businesses to ensure that as a district we bounce back better with a vibrant and sustainable economy that is fit for the future in the world after the pandemic.   

"This exciting new support is designed to help local businesses prosper and continue to adapt. Since the start of the pandemic, we have been working with local businesses to help them to access support and help them to adapt so that they can survive and look to grow at the most challenging of times.”

Hertfordshire Growth Hub will decide which businesses to support, as well as how much funding to award. Business advisers will support businesses to develop their grant applications. Submitted applications will be independently assessed by the HGH grants panel which will decide the outcome of each application and the amount to award.  

Liza Armstrong, Head of Service for Hertfordshire Growth Hub, said, "We are pleased to be working with Three Rivers District Council to support local businesses who want to continue adapting and growing following the Pandemic. We are providing targeted support to help businesses access grant funding and seek specialist external advice during this crucial time of economic recovery. This is an opportunity for businesses to meet with our experienced business advisers who will provide 1-2-1 support, discuss their challenges, and agree key actions to enable business growth."

Interested in joining the scheme?

Login or register and you'll be taken to the Three Rivers Business Growth Grant funded listing when you can express your interest.