City of London Corporation · Awarded contract
Awarded

Award of Financial Viability Grant Fund Administration to Mercer & Hole Corporate Finance Limited by City of London Corporation

Awarded 08 Apr 2021

View live tenders
Awarded08 Apr 2021
Value£300,000.00
RegionLondon
CategoryFinance & Insurance
Ended 4y 9mo ago10mo term
Awarded 8 Apr 2021Expired 31 Jan 2022

City of London Corporation awarded a contract to Mercer & Hole Corporate Finance Limited for the administration of the City Recovery COVID-19 Grant Fund, valued at £300,000.

The fund was established on 11th March 2021 by the City Court of Common Council to provide grants to City SME businesses impacted by the COVID-19 pandemic.

The scheme supports businesses that contribute to the City's vibrancy at street level and directly serve returning City workers, visitors, and residents, particularly those affected by enforced closure or low footfall.

The grant application process requires evidence that with support, businesses have a reasonable chance to survive beyond the short term.

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