A discretionary fund has been set up to accommodate certain small businesses previously outside the scope of the business grant funds scheme. The additional fund is aimed at small businesses with ongoing fixed property related costs who have less than 50 employees and will be structured around three levels of grant payments.
Locally, over £120m has already been paid out to businesses via the Business Grants scheme the Council has administered on behalf of Government.
The Councils media release about this was issued yesterday to explain our plans for this. We ask please bear with the Council while the details are worked out.