Unique fund launched to help businesses overcome coronavirus

Unique fund launched to help businesses overcome coronavirus

NORTH-EAST businesses are rallying around to create a unique fund that will help smaller firms in the region recover from the coronavirus pandemic.

The fund, which is launched today, hopes to raise hundreds of thousands of pounds which it will distribute as grants to assist businesses in pulling through what could be the worst economic crisis for 300 years.

The not-for-profit venture, called the Open North Foundation, is being put together by people who were inspired by the way the region responded to the call to build ventilators and make personal protective equipment at the outbreak of the pandemic. But not every business was in a position to help, and so they have looked for other ways.

Source: The Northern Echo

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