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Wisbech firm is among those to benefit from a Combined Authority coronavirus business grant

The Cambridgeshire and Peterborough Combined Authority’s rapid response to the coronavirus has so far seen £4.48 million in cash grants awarded to support local businesses.

The newly created Covid-19 Capital Grant Scheme has now awarded money to 106 businesses across the region to fund investments which are forecast to protect 479 jobs and create a further 238.

Mayor James Palmer has said the scheme has so far succeeded in awarding grant funding to businesses quickly. The grants will fund things like new equipment, products and technology which businesses need to help them adapt and recover from the coronavirus.

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