Discretionary grant fund extended to include more small businesses

The Derbyshire Dales Covid-19 Discretionary Grant Fund has been extended to include more small businesses – opening tomorrow (23 June) for a further two weeks.

This second call for applications widens access to support to eligible small and micro businesses occupying business property with a combined rateable value or annual rent below £51,000 unable to access other Government Covid-related grant schemes.

The hope is that the new criteria will benefit even more small and micro businesses with high ongoing, fixed property-related costs struggling to survive due to the coronavirus shutdown.

The grants are funded by a limited allocation of £1.7m made available by the Government to Derbyshire Dales District Council to help certain small and micro businesses prioritised for support at the national and local level. Under the first call for applications, a proportion of this funding has now been allocated.

Under the second call, Government and local priorities have been retained and local discretion extended to enable small businesses unable to access the Government’s Retail, Hospitality and Leisure Grant or Small Business Grant Fund (for those in receipt of Small Business Rate Relief) to apply. The level of grant awarded to successful applicants will be determined subject to demand and availability of funds.

A District Council spokesperson said:
"We are using our discretionary powers to further extend the criteria for this grant funding to include more Dales businesses affected by the coronavirus pandemic. Small or micro businesses must satisfy core eligibility criteria to apply, including trading on 11 March 2020 from premises used wholly or mainly for business purposes, having minimum fixed property costs of £2,400 a year or more and applicants must be able to demonstrate a reduction in turnover of 20% or more due to the impact of Covid-19."

Businesses considering applying for a discretionary grant are urged to read the detailed guidance available here before applying via the same link.

The deadline for completed applications for this second call is 5pm on 7 July 2020.
The Derbyshire Dales Covid-19 Discretionary Grant Fund has been extended to include more small businesses – opening tomorrow (23 June) for a further two weeks.

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