21/04/20 - £16m grants released to Breckland businesses
Breckland Council has so far distributed just over £16m in grant funding to local businesses to help them through the coronavirus pandemic, and more is available.
The money, which has been provided by central government, is to help support local businesses which may be particularly affected by the current lack of trade.
Breckland has written to more than 3,000 local businesses which are eligible for grants worth between £10k and £25k and is now calling for those which have yet to respond to contact the council via email as soon as possible to claim their grant.
Businesses need to meet criteria defined by central government to be eligible. Those which are already registered for Small Business Rate Relief are likely to be eligible to receive a grant of £10k, while businesses in the Retail, Hospitality, and Leisure industries may be able to access a grant of between £10k and £25k, depending on the Rateable Value of their property.
Cllr Sam Chapman-Allen, Breckland Council's Leader, commented: "Throughout this pandemic our focus has been on protecting the welfare of our residents and the buoyancy of our businesses. I'm really pleased that so much money has been distributed in our district already, which will really help businesses weather this storm. I urge the remaining eligible businesses to come forward so they can access this funding and additional advice too."
Having written to more than 3,000 businesses which the council believes may be eligible for a no-strings-attached grant, officers are now in the process of calling those which are yet to respond. To access the funding, eligible businesses simply need to complete a short form on our website at www.breckland.gov.uk/covid-19-grant.
Businesses which are currently ineligible for grant funding are being encouraged to make use of the range of resources on the council's website for information, such as national loan schemes, sick pay relief, and the deferment of VAT payments.
More information at: www.breckland.gov.uk/coronavirus
Last updated: 21/04/2020 13:17:05