Support for more small Eden firms thanks to top-up of Government grant
A new £617m top-up fund has been announced by the UK Government to help more small firms impacted by Coronavirus.
Grants will be available for some businesses in Eden which were previously outside the scope of existing grant schemes.
Funds are available for small businesses with less than 50 employees. The scheme is most likely to benefit those in shared spaces, regular market traders, small charity properties, and B&Bs that pay council tax rather than business rates.
Detailed guidance is expected to be published by the Government later this week, with Eden District Council in charge of administering the scheme locally.
Once criteria is confirmed by the Government, local authorities will be able to welcome applications. Until then, businesses are urged to keep monitoring announcements at www.eden.gov.uk or through the council’s social media channels at @EdenCouncil and @EdenDistrictCouncil.
Read about the Top-up to local business grant funds scheme on GOV.UK for details of this discretionary fund. The fund is to accommodate certain small businesses previously outside the scope of the business grant funds scheme.