Hello
All
The
Discretionary Small Business Grants that were announced by the
government earlier in the month are now available for businesses to
apply.
Cornwall
has received around £13.5m from the government to use for grants
for small businesses. There are standard grants of £10,000 or
larger grants of up to £25,000 which will be considered in
exceptional cases that meet the scheme criteria.
The aim of
the discretionary fund is to support small and micro businesses
that have been:
- Negatively affected
by COVID-19
- Haven’t already
received financial assistance through other government schemes
- Continue to have
high fixed term costs related to property such as rent or
mortgage payments
Priority
is given for businesses that fall into the following four groups:
- Small businesses in
shared offices or other flexible work spaces. Examples could
include units in industrial parks, science parks and
incubators 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,
where the Bed and Breakfast business is the main
income/occupation of the business owner.
- Charity properties
in receipt of charitable business rates relief which would
otherwise have been eligible for Small Business Rates Relief
or Rural Rate Relief - i.e. have a rateable value less than
£15,000
If your
business falls into one of these groups, please complete an
application form. If you own more than one business, you can apply
for each business that is eligible.
If your application is successful, we hope to make a payment to you
within 7 working days of approval.
Click Here to Apply
You will not be eligible for this discretionary grant scheme if
your business is eligible for cash grants from any other central
government COVID related scheme, including:
- Self-Employment
Income Support Scheme
- Small Business
Grant Fund
- Retail, Hospitality
and Leisure Grant
- The Fisheries
Response Fund
- Domestic Seafood
Supply Scheme (DSSS).
- The Zoos Support
Fund
- The Dairy Hardship
Fund.
- You started trading
after the 11 March 2020
- If your business is
in administration, insolvent or where a striking-off notice
has been made
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