Discretionary Business Grants Fund open for applicationsPublished Wednesday, 27th May 2020
Melton has been allocated an additional £575k to support businesses across the borough as part of the Government’s Local Authority Discretionary Grants Fund.
The scheme aims to provide support for businesses through the Covid-19 pandemic in addition to the Small Business Grant and the Retail, Leisure and Hospitality Grant Funds, which remain open for eligible ratepayers to apply who have not yet claimed.
Cllr Leigh Higgins, Deputy Leader of the Council, said “Whilst we are pleased to receive this additional funding, we are conscious that it is not as much as we had hoped for so we will be limited in the amount of support we will be able to offer businesses that desperately need help at this time,
We anticipate a high demand for this scheme, therefore, we are encouraging businesses to only apply for the minimum funding they require and are setting a maximum limit of £10k. We also want to encourage businesses to speak to their landlords to see if rent relief is available and make sure they have utilised the full suite of government support available to them during this period. This will enable us to support as many local businesses as we can with the funding we have, which we know is going to be a challenge. ”
The scheme will provide support to businesses that fall into 5 main priority areas :
- Small businesses in shared offices or other flexible workspaces,
- Regular market traders with fixed building costs
- Bed & Breakfasts which pay Council Tax
- Charity properties in receipt of charitable business rates relief
- Suppliers of the Retail, Hospitality and Leisure sector who were not considered eligible for the previous grants
Applications can be made from 09:00 Wednesday 27 May to 11:59 on Wednesday 10 June 2020 on the website
Any applications received after this period will not be considered as eligible for this scheme. Once this application window has expired the Council will review the applications against the criteria set out within the discretionary grant fund policy and the operational procedures which will be published at the time, with grants distributed to those businesses that are able to demonstrate they are most in need. The Council aims to make payments week commencing 22 June 2020.
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