WESSEX’S Federation of Small Businesses has said it welcomes the government’s £10m support scheme for businesses affected by the recent floods.
But Neil Eames, development manager for the FSB Wessex region, said the government should review the current insurance set-up for small businesses.
Prime minister David Cameron yesterday announced the £10m package to help SMEs affected by flooding.
Eligible businesses will be able to claim for funding for things like immediate clean-up costs, materials, and exceptional costs to help them continue trading.
Commenting on the business support scheme to help firms affected by the floods get back on their feet announced by the prime minister, Mr Eames said: ‘Further financial support for small firms directly or indirectly affected is good news, and builds on the help announced last week.
‘With the floods across our region yet to abate, we want the level of support to be kept under review.
‘Firms in affected areas in Dorset and Hampshire will take months to get back on their feet, and may need further help.
‘We want the government and the insurance industry to look again at the scheme they have in place for households in these areas, and see whether small businesses can be reinstated into that.’
The money is being made available to local authorities to help businesses affected by floods since last December.
A new government helpline offering advice is available to businesses by calling 0300 456 3565.