Cherwell Business Adaptation Fund: OxLEP Business makes final call to businesses to apply

OxLEP Business – the business support arm of the Oxfordshire Local Enterprise Partnership – are calling upon Cherwell District-based companies to complete a pre-qualifying process within the next 24 hours as a key deadline approaches for a new significant fund.

The Cherwell Business Adaptation Fund – created to support businesses in the north of county to move into an effective renewal phasefollowing the COVID-19 pandemic – was launched earlier this month by OxLEP Business.

This new scheme – which is being delivered and led by OxLEP Business on behalf of Cherwell District Council – is set to play a key role in ensuring that Cherwell-based organisations are able to run as efficiently as possible and remain productive particularly in-light of the pandemic.

The fund is now closing in on its deadline to receive all pre-qualifying details from businesses interested in benefiting from the fund which aims to support eligible companies through grantsranging between £5000 and £20000 per business for capital and/or revenue-based projects.

The Cherwell Business Adaptation Fund follows-on from previous grants and significant levels of support and programmes delivered by the OxLEP Business.

Between April 2020 and August 2021OxLEP Business engaged with 2670 businesses – following the emergence of Coronavirus – and provided over 12000 hours of support during the same period.

Applicants are required to complete the pre-qualifying process before 5pm tomorrow (27 May) with the closing date for full applications set for 5pm on 7 June.

Earlier this month interested businesses were invited to understand the fund in more detail via a special webinar – key areas of the webinar included; how to apply to the fundeligibility and compliance and best practice.

Key sections of the webinar can be viewed once again via the below:

Watch our Cherwell Business Adaptation Fund webinar: 10 May

Find out more on the Cherwell Business Adaptation Fund and apply