Company directors urged to apply for new Covid-19 funding
Colin Neill, chief executive, Hospitality Ulster.
Hospitality Ulster is urging hospitality company directors to apply for funding under a new £20m Covid-19 support scheme announced this afternoon by Economy Minister Diane Dodds.
“We welcome the announcement today from the Economy Minister which acknowledges the fact that company directors, especially in the hospitality sector, have fallen through the gaps and been excluded from the wider Covid-19 funding packages,” said Colin Neill, chief executive, Hospitality Ulster.
“We at Hospitality Ulster will be encouraging all company directors eligible to apply for the funding when the scheme opens next week.
“Unfortunately, in reality, this is a small amount of grant funding per director and in our sector will only plug some of the gaps in the huge debts run up by hospitality business owners who have been severely impacted by lockdowns and restrictions.
“As this third lockdown continues, there now must be recognition and further funding for company directors and business owners that the hospitality industry has been effectively closed since March of last year – particularly the non-food serving pubs. Today’s funding announcement is a welcome step forward, but there is much more action required to support the sector in the months ahead.
“We continue to press for urgent payment of all grants and the outstanding large hospitality grant support which has still not appeared.”