Small firms in the Yorkshire area are set to have a new source of support to fall back on, with the news that a local business network has secured fresh funding.

The West and North Yorkshire Chamber of Commerce will be receiving this funding as part of the wider Leeds City Region Growth Deal, which is worth £1 billion. The money is to be used to offer small firms in the region specialised help and support, and any companies that have no more than 50 people working for them will be eligible for this assistance.

Among the notable services that the Chamber of Commerce provides for businesses are advice on managing day-to-day operations and finances and help in growing a company. Speaking to BDaily News, its Chief Executive Sandy Needham said that small firms could better navigate the COVID-19 pandemic with assistance, rather than alone.

Needham went on to say that she was thrilled to get this new financing, precisely because so many firms in the area would need the chamber’s expertise right now. She added:

“This year has been tough for everyone, but funding such as this will help move our region forward by supporting those responsible for the health of our local economy.”

Any regional help for firms of this kind is welcome in the midst of a crisis like the current pandemic, which is why so many also turn to a small business accountant in South Yorkshire when they need round-the-clock advice.