In addition to the Government announced help for small and micro businesses, Exeter City Council have now released their discretionary business grant scheme. This is Government funded monies where local discretion has been allowed.
The scheme is aimed at:
- Small and micro businesses
- Businesses with relatively high ongoing fixed-property related costs
- Businesses which can demonstrate a significant fall in income due to COVID-19
- Businesses which occupy property, or part of a property, with a rateable value or annual rent or annual mortgage payments below £51,000
Grants in to the sum of £25,000, £10,000, £5,000, £2,500 and £1,000 are available. The level of grant received will be determined by how significantly the business has been affected by COVID-19.
We expect similar additional funding to be available in other areas and therefore please visit your local authorities website or get in contact with them directly if you are not within the Exeter area.