Deadline for Small Business Grant Fund and the Retail, Hospitality and Leisure Grant Fund
USE IT OR LOSE IT! DEADLINE FOR APPLICATION FOR THE SMALL BUSINESS GRANT FUND (£10K) AND THE RETAIL, HOSPITALITY AND LEISURE GRANT FUND (£25K)
The two grant support schemes introduced at the start of lockdown are closing and final applications must be in by the 27th August 2020. Any funds not claimed will be returned to the government. BCP council have confirmed that some 15% of eligible local businesses still have not applied for these grants. Just to remind you, these are grants, and not loans, so do not need to be repaid.
The main criteria are that the business must be a ratepayer, must have either Small Business Rates Relief, Rural Rates Relief or part of the Expanded Retail Discount scheme as of the 11 March 2020, and must operate from premises under the rateable value of £15,000 for the Small Business Grant Fund and under £51,000 for the Retail, Hospitality and Leisure Grant Fund.
You can check your business’s eligibility and apply via: www.bcpcouncil.gov.uk/covid19businesssupport.