Further funds of up to £10k to help businesses recover from pandemic
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But you are advised to act fast, as demand for the discretionary grants of up to £10,000 is expected to be high.
Ribble Valley Borough Council received an additional £867,750 to support the borough’s small businesses following the pandemic.
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Hide AdThe funding is aimed at businesses not eligible for assistance from the Small Business or Retail, Hospitality and Leisure Grant Funds, who can demonstrate they have suffered a significant fall in income because of the pandemic, have significant ongoing fixed property-related costs and meet several other criteria.
Over 80 small businesses in Ribble Valley have been assisted in two funding rounds so far and now a third funding round for the final £450,000 is live.
The scheme is now also open to businesses with a rateable value over £51,000 in the retail, hospitality or leisure industry and in receipt of the expanded retail discount on their business rates bill.
Grants of between £1,500 and £10,000 are available on a first-come-first-served basis and early application is advised, as demand is expected to be high.
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Hide AdApplicants must have been trading on March 11th, 2020, and not received any other Government funding.
Further details on the grants and an online form are available at ‘Covid-19 Business Support’ at ribblevalley.gov.uk.
Government guidance on other pandemic business support is available at gov.uk.