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Two week window to apply for discretionary fund to support small and micro businesses

Alert message sent 02/06/2020 14:57:00

Information sent on behalf of Neighbourhood Watch in Nottinghamshire

Local market traders, charities and small and micro businesses in shared offices, which were not previously eligible for coronavirus grants can now apply for support through a new government funded Discretionary Business Grant Scheme administered by Gedling Borough Council.

Applications open from today, Tuesday 2 June and eligible businesses have two weeks to apply. The council has been awarded a total of £897,250 that can be allocated to support eligible businesses.

Small and micro businesses with fixed property costs that are not eligible for the Small Business Grant Fund or the Retail, Hospitality and Leisure Grant Fund may be eligible for the new Discretionary Grants Scheme. Businesses are eligible even if they have applied for the Coronavirus Job Retention Scheme or the Self-Employed Income Support Scheme.

Businesses that have fewer than 50 employees, have fixed building costs such as rent and have been impacted by coronavirus can apply for a grant of £25,000, £10,000 or any amount under £10,000. They are not required to pay the money back but it is taxable.

Applications must be made directly to Gedling Borough Council by visiting www.gedling.gov.uk/discretionary-grants and the deadline for applications is 11.59pm on Tuesday 16 June 2020 the council will be responsible for deciding on whether or not the grant can be applied.
Message sent by
Bob Vaughan-Newton (NHW, MSA, Gedling North)

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