Coronavirus crisis: Reminder for Rutland businesses to apply for their grants
By The Editor
16th Jun 2020 | Local News
Rutland businesses have until 5pm this Friday 19 June to apply for COVID-19 funding through the government's Local Authority Discretionary Grant Fund.
The Fund aims to provide financial support for small businesses with fewer than 50 employees. A grant of up to £10,000 is available.
Qualifying businesses also need to demonstrate they have significant fixed property costs, have experienced a significant drop in income due to COVID-19 restriction measures and have not previously received any form of business grant from the Council.
Rutland County Council is following government guidance and prioritising the following types of businesses for a discretionary grant:
- Small businesses in shared offices or other flexible workspaces. Examples include units in premises which do not have their own business rates assessment;
- Regular market traders with fixed building costs, such as rent, who do not have their own business rates assessment;
- Bed & Breakfasts which pay Council Tax instead of business rates