Business Secretary launches £10 million Brexit readiness fund for businesses

Economy & Politics | Latest News
UK Parliament

Business Secretary Andrea Leadsom has unveiled a £10 million grant scheme for business organisations and trade associations to support businesses in preparing for Brexit ahead of 31 October 2019.

Government says the funds will support businesses across the UK in understanding the steps they should now take to be ready for 31 October 2019

The Business Readiness Fund is open to business organisations and trade associations throughout the UK and will support events, training and the production of advice packs to assist businesses in making sure they are fully prepared for a Brexit on 31 October 2019.

Activities funded by the grants must be open to both members and non-members, and to businesses large and small preparing for Brexit on 31 October.

Applications for grants will be accepted up to Monday 30 September 2019 and administered through a dedicated website, to be launched on 29 August 2019 and available through GOV.UK shortly.

Business Secretary Andrea Leadsom comments: “The UK will be leaving the EU on 31 October. For businesses that still feel unprepared, I am determined to do everything I possibly can to ensure they are fully ready for Brexit.

“The funding we are announcing today will mean business organisations from all sectors across the country can stand resolutely behind businesses large and small to support them in preparing for, and seizing the opportunities of, leaving the EU.”

 

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