URGENT – Last call for Economic Growth Grants (EGG) – Grant closing on 31 March

Economic Growth Grant | Economic Growth Grant | Manchester City Council

The Economic Growth Grant (EGG) scheme aims to support businesses that have suffered a significant negative impact on trading as a result of COVID-19, which in turn has affected the safeguarding of skills and jobs that are vital to the economic recovery and growth of the city.

Applications will be considered on a case-by-case basis and grant payment amounts will be decided at our discretion based on the needs of the business and the strategic impact on the city’s recovery.

For the purposes of the Economic Growth Grant scheme, businesses that have a strategic role in the city’s recovery and economic growth are defined as:

• Businesses that employ over 75 staff or businesses with fewer than 75 employees but who provide jobs with skills in high demand, or which attract higher wages
• Businesses that provide well paid and secure work, with good terms and conditions which is crucial in reducing Manchester’s high rate of in-work poverty and family poverty, for example businesses that are signed up to the Greater Manchester Good Employment Charter and pay the Manchester Living Wage
• Businesses that provide permanent lower or entry level skilled jobs in high volumes that support local communities
• Businesses in sectors which will support future growth and the creation of opportunities for residents in sustainable industries and support Manchester’s 2038 zero carbon commitment
• Specialist or highly skilled businesses that support the Airport supply chain or aviation sector

This grant is intended to support businesses that have high operational and property related costs who may otherwise fail or have a specialism that is important to the City. It cannot be used to support wage costs for staff or a business’ contribution to ongoing/existing furlough payments for staff.

Economic Growth Grant | Economic Growth Grant | Manchester City Council