Issue details

    Discretionary Grant Fund

    1.1       The government is providing financial support for small and micro businesses that were not eligible for assistance in the Small Business Grant Fund or the Retail, Leisure and Hospitality Grant Fund.  The businesses that were eligible for support from these funds were those that paid business rates.

     

    1.2       This additional support will be made via a Local Authority Discretionary Grant Fund.

     

    1.3       Local Authorities (LA) have been given a fixed grant to distribute to eligible businesses under a local scheme. 

     

    1.4       Local Authorities must set out clear criteria for determining the appropriate level of grant, to give businesses clarity and support businesses that are unable to access other grant funding.

     

    Full details are set out in the Cabinet Member report below

     

    Decision type: Key

    Reason Key: Affects more than 2 wards;

    Decision status: For Determination

    Wards affected: (All Wards);

    Notice of proposed decision first published: 02/06/2020

    This decision will be taken under urgency procedures.

    Reason for urgency:
    To ensure small and micro businesses that meet the Discretionary Grant Fund criteria receive financial support as a mattery of urgency.

    Decision due: 6 Jul 2020 by Cabinet Member Decisions

    Cabinet Member for Investment, Economic Growth and Tourism and Cabinet Member for Customer Services and Innovation

    Lead member: Deputy Leader and Cabinet Member for Visitor Economy & Local Plan

    Lead director: Head of Customer Services, Revenues and Benefits

    Decisions

    Documents

     

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