Soon businesses across North Devon will be able to apply for the Local Authority Discretionary Grant. In the last few weeks North Devon Council have distributed over £35 Million in Small Business Rates Grants to over three thousand businesses.
Selaine Saxby, MP for North Devon said:
I was delighted and relieved that the Government announced on 2nd of May that authorities in England would get an additional 5% uplift to the £12.33 billion funding previously announced for the Small Business Grants Fund and the Retail, Hospitality and Leisure Grants Fund to help those businesses that had not been able to initially receive grant support.
This additional fund is aimed at small businesses with ongoing fixed property-related costs. local authorities are being asked to prioritise businesses in shared spaces, regular market traders, small charity properties that would meet the criteria for Small Business Rates Relief, and bed and breakfasts that pay council tax rather than business rates. North Devon Council will also be able to make payments to other businesses based on local economic need. I am delighted that our excellent Economic Development Team are taking the lead on this project.
North Devon Council have said that they will make the applications for these discretionary grants available as soon as possible.
The Government has also announced an extra funds to specifically help charities and social enterprises
The £200m Coronavirus Community Support Fund forms a central part of this package and is being administered through the National Lottery Community Fund (NLCF). Charites and social enterprises in England can submit applications through the NLCF website (www.tnlcommunityfund.org.uk).
Selaine also said:
North Devon has a many hard-working charities, big and small, and many of them operate with very tight margins. I am so pleased that alongside the many other measures of support the Government has made available that specific funds have been made available to the charitable sector.