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A fund has been set up to help small firms in the East Midlands who have been hit by the floods of recent days.
The £500,000 Flood Recovery Fund, made available by the East Midlands Development Agency (EMDA), will assist small and medium-sized businesses in the region who have suffered loss of trade or sustained damage to premises or stock.
These firms can apply for a grant of up to £2,500 each, to help with their "immediate recovery needs".
Many businesses are suffering from technical damage to web services and IT systems, as well as physical damage to stock, as a result of the heavy flooding.
John OReilly, business support director at EMDA, explained: "We have witnessed significant flooding across the region over the last few weeks and we are aware that many businesses have been adversely affected.
"We have agreed that EMDA will make financial support available to help these businesses cover uninsured losses and allow them to recommence trading as soon as possible."
Businesses in the area have been advised to contact their regional Business Link service to start their application for funding.
The East Midlands initiative is one of a number of regional flood grant schemes of this nature in the UK, either already in operation or under consideration.
John Healey, communities minister, said: "I welcome this responsibility to ensure that the local authorities who are leading the flood recovery efforts receive effective, coordinated support from central government departments and other national and regional bodies.
"We want to see communities, householders and businesses hit by the floods return to normal as rapidly as possible."
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