Councils across England are to share £50m of additional funding from the European Regional Development Fund (ERDF) to support the safe reopening of high streets and other commercial areas.
The money will allow local authorities to put in place additional measures to establish a safe trading environment for businesses and customers, particularly in high streets, through measures that extend to the end of March 2021.
This funding is additional to the Government’s comprehensive package of support for business and workers during the economic emergency.
All non-essential retailers will be able to reopen in England from 15 June and across D2N2 local councils have been allocated a total of £1,867,945 to support their business communities with measures that enable safe trading in public places.
Local councils in the D2N2 area have been awarded the following amounts of ERDF to focus on high streets, as well as other public places that are at the heart of towns and cities to reopen as safe, welcoming spaces.
|Local Authority Allocation||Allocation|
|Newark & Sherwood||£108,976|
|North East Derbyshire||£90,043|
European Regional Development Fund
The European Regional Development Fund is one of the five European Structural and Investment Funds (ESIF).
ERDF is focused on reducing economic disparities within and between EU member states by supporting economic growth, regeneration, and safeguarding jobs.
In England, the ERDF is managed by the Ministry for Housing, Communities and Local Government supports the UK Government’s growth priorities of rebalancing the economy and supporting key initiatives such as the Midlands Engine and the Northern Powerhouse.
More more guidance on the new funding allocation please see the Reopening High Streets Safely Fund webpage.