grants of up to £10,000 for small businesses
The new discretionary grants fund is a government grant scheme aimed at small businesses with ongoing fixed property-related costs, which currently do not qualify for the existing business grant scheme.
As part of this scheme we have been allocated £1.5 million from the government to provide grants to small businesses.
Grants of up to £10,000 are available. We anticipate that the majority of the grants we issue to be less than £10,000.
The Government has asked councils to prioritise the following types of businesses for grants:
- Small businesses in shared offices or other flexible workspaces
- Regular market traders who do not have their own business rate assessment
- Bed and breakfasts (excluding Airbnb) which pay council tax instead of business rates
- Charity properties that receive charitable business rates relief, which would otherwise have been eligible for small business rates relief or rural rate relief.
How to apply
Before you apply please read the Discretionary Grant Scheme 2020 eligibility criteria.
If you think you might be eligible please then complete the Discretionary Grant online form by midnight on 11 June, applications will not be considered if they are submitted after this time.
Complete the form as fully as possible so that we are able to assess your application accurately. Please ensure you have to hand (where applicable):
- Business bank account details
- A copy of a recent bank statement (within the last two months)
- Reference numbers (if applicable) - including company house reference number, charity reference number, VAT reference number, self employed HMRC reference number, business rates account number.
- Evidence of fixed building costs
- Turnover and balance figures
- Tenancy agreement detailing rent liability
For further information and to access the online form please visit http://www.stevenage.gov.uk/business-advice/228742/231119/