Local, independent businesses in the retail, hospitality and leisure sectors have until August 17 to apply for government grants.
So far West Suffolk Council has paid out around £35.8 million to almost 2,900 businesses under the Small Business Grant Fund, and the Retail, Hospitality and Leisure grant.
More than 95 per cent of businesses in West Suffolk eligible for the grants have received them, while West Suffolk has phoned, emailed, written to and visited those who are eligible but who are yet to apply.
The council has also launched phase two of the “local scheme” which continues to follow the government set priorities but extends it to local, independent businesses in the Retail Hospitality and Leisure sector whose Rateable Value is between £51,000 to £101,999 – double the value set by government.
The local scheme, which the council lobbied government for provides grants for small businesses in shared premises, bed and breakfasts, market traders and charities.
West Suffolk Council is in the final stages of administering this second allocation of £1.9m – the majority of which the council has already now paid out. The extension will mean that the full allocation will be paid out to businesses. This second phase is on a first come first served basis and businesses will be able to claim £5,000.
Businesses can find out more and apply online for the phase two funding at https://www.westsuffolk.gov.uk/coronavirus/business-support/grantfundinglocalindependentretailhospitalityleisure.cfm
The Government has announced that applicants have until August 28 to apply for grant funding. West Suffolk Council says eligible businesses should apply by August 17 with the supporting documents, to enable their claims to be processed.
Businesses eligible for the Small Business Grant Fund, and the Retail, Hospitality and Leisure grant can check and complete the form online at https://www.westsuffolk.gov.uk/coronavirus/business-support/grantfundingsmallbusinessretailhospitalityleisure.cfm