It has been announced that the Chelmsford as well as the Braintree and Southend Discretionary Business Support Grant schemes are now open.
1. Chelmsford Discretionary Business Support Grant Scheme
The Chelmsford grant scheme can be accessed via chelmsford.gov.uk with applications accepted until midnight on 16th June 2020 .
The maximum grant payable will be £10,000 and priority will be given to those businesses which could not apply for previous schemes due to not having a business rate liability; which have significant ongoing property-related costs and which have suffered a significant drop in trading income due to COVID-19 restrictions
Additionally, Chelmsford Council has decided that applications will be accepted from retail, leisure or hospitality businesses with rateable values between £51,001 and £55,000 which just missed out on eligibility for the earlier grant scheme.
Full details can be found on the Chelmsford City Council website.
2. Braintree Discretionary Small Business Grant Scheme
The discretionary business grant scheme offered by Braintree Council is also now open and will close at 5pm on Friday, 26 June .
They have received £1.5 million from central government to support certain small businesses, micro businesses and charities which were previously outside the scope of the other small business and cash grant schemes.
Grants between £2,000 and £10,000 are available, plus up to a maximum of £25,000 in exceptional circumstances, with the amount awarded dependent on the type and size (turnover and number of employees) of the business, extent of the fixed costs for the premises and the level of income lost because of the coronavirus.
3. Southend discretionary business rates grant scheme –
As with the majority of the other schemes, Southend Borough Council are prioritising certain business based on the following criteria which needs to be met in order to be eligible:
• Businesses with relatively high ongoing fixed property related costs which occupy property, or part of a property, with a rateable value or annual rent or annual mortgage payments below £51,000
• Small and micro businesses, as defined in Section 33 Part 2 of the Small business, Enterprise and Employment Act 2018 and the Companies Act 2006
• Businesses with fewer than 50 employees
• Business which can demonstrate they have suffered a significant fall in income due to Covid-19
• Businesses that were trading on or before 11 March 2020
The council is asking all eligible businesses to apply within a two week window. If you match the criteria above, they ask that you fill out the necessary form as soon as possible, and ideally by Tuesday 30th June . Full details and links to the respective forms can be found here: Business Rates Grants 2020-2021
Our team are here to help if you wish to discuss this or any other opportunities in more detail. We remain committed to our clients to provide support to get you through the difficult climate we currently find ourselves in, so please do not hesitate to contact your normal Rickard Luckin contact.