Brighton & Hove City Council has announced a fighting fund to help small businesses battle through the recession. The fund will pay for a range of measures aimed at helping companies combat the credit crunch.
Brighton & Hove city council announced in November a recession relief package to assist local firms during the downturn. These included easier rent and business rate payments plus setting up an Economy Task Group with other local agencies and companies.
Council chief executive Alan McCarthy also pledged to write to banks urging them to help businesses as much as possible.
Now the authority has announced first details of funding to back the plan. There will be £15,000 for a ‘Buy Local’ campaign, including a website, stickers, radio advertising and a launch event. Organisers aim to get 1000 residents pledging to buy locally whenever possible and at least 100 businesses to support the scheme.
A further £32,000 will be used for supporting businesses. It is expected this will provide 500 offers of help ranging from one-to-one business clinics to workshops and networking events.
Meanwhile around £95,000 has been earmarked help create 80 traineeships across the city.
Cabinet member for Enterprise and Employment Cllr Ted Kemble said, “We’re putting our money where our mouth is with this recession package. We’re doing everything we can, ranging from practical advice to suspending roadworks in order to help local businesses at this really difficult time.”
A report recommending the funding is due to go before the Enterprise and Employment cabinet member meeting at Hove Town Hall on 9 December.
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Brighton & Hove City Council