Local Authority Discretionary Grant Fund
On Friday 2 May 2020 the Government announced a new local discretionary fund to provide additional support for businesses.
Update : 22 May 2020
We do understand that this is an incredibly worrying time for many businesses and that there is a need to ensure all financial support schemes are put in place quickly.
We have now received guidance from the Government on the delivery of the new local discretionary fund to support a range of businesses who were not eligible under the Small Business or Retail, Leisure and Hospitality grant schemes and we are working hard to finalise the eligibility criteria, the application process and level of available grants. Given the limited funding available to support this scheme it is important that the Council makes careful consideration of the delivery of this funding to ensure that it is available to those businesses most in need of help as a result of the current COVID 19 pandemic.
The latest guidance from the Government to local authorities is available here.
We expect our local scheme to be finalised by 2 June 2020 and details will be published here. Applications will be accepted between 3 June and 14 June 2020 and the link to the application portal will published here once the application period is open.
After all applications have been reviewed payments will made to successful applicants week commencing 22 June 2020. It is expected that the number of applications will exceed the limited funding available and we would encourage all businesses to ensure they have explored all avenues of support . Details of the support available can be found here.
We appreciate that these delays are frustrating but we do have to ensure that the scheme is administered correctly for the benefit of all eligible businesses so that funding gets paid correctly.
If you have already received a grant under the Small Business Grant or Retail , Hospitality and Leisure scheme you will not be eligible for a grant under this new scheme. However if you were not eligible for a grant and meet the eligibility criteria under the new Business Grant Discretionary scheme you will be able to apply for this funding by submitting the relevant details once the application form is available.
Last Updated: 22 May 2020