Our £50k investment supports 200 businesses

Monday, 29 June 2020

Two hundred businesses across the borough are being supported to recover from the coronavirus pandemic, thanks to a £50,000 investment we made.

They’ve been given free membership of the Federation of Small Businesses (FSB) providing them with access to a range of support services.

Those include legal help and advice about cyber protection, to assistance with accessing funding opportunities, seen as vital as firms recover from three months of lockdown.

We announced in April that we would fund up to 300 FSB memberships to help the self-employed, micro and small businesses with 50 or fewer employees.

Between them, the 200 businesses that have taken up the offer so far, employ 700 staff, a value of almost £18 million to the local economy.

More than three quarters of the firms have four or fewer employees.

The FSB has seen the greatest uptake of the offer from three business sectors that closely mirror the borough’s economy: accommodation and food services, wholesale retail and motor vehicles, and arts, entertainment and recreation.

Free memberships are still available and it's not too late to apply.

Interested business owners should email nick.bradley@fsb.org.uk adding the words ‘Scarborough Borough’ to the subject field of their email.

Cllr Liz Colling, Cabinet Member for Inclusive Growth, said:

"In the early days of the pandemic it became very clear that the smallest firms in the borough would not get all the support they required from government.

"We knew we needed to be at the forefront of finding different ways to help them at a local level, so we worked with the FSB to develop the free membership offer.

"I’m really pleased that we’ve been able to help so many local small and micro businesses access a professional support package at a time when they need it the most.

"Our economy is made up of many firms with only a handful of members of staff.

"I would encourage any business owner that hasn’t yet applied for membership to contact the FSB very soon while the opportunity is still available."

Carolyn Frank, Development Manager North Yorkshire, Federation of Small Businesses, said:

"We’d like to thank the council for its vision in supporting the smallest businesses through these tough times via the funded memberships and for recognising the need for practical support as well as a strategy that takes small businesses in to consideration front and centre. 

"We are delighted to welcome new members from right across the borough and all sectors, and to provide them with support, advice and financial expertise as well as a powerful voice with government.

"The new members are wholeheartedly making the most of their membership with us and are also giving positive feedback about the council when contacting us, and we want to build on this further going forward in partnership, led by the businesses to forge closer working relationships between ourselves, the council and the small businesses in Filey, Whitby and Scarborough."