The two existing business grants schemes have helped support many thousands of small businesses. In order to ensure that Local Authorities can help businesses that are not eligible for the grant schemes, the Government has allocated an additional £617 million funding to Local Authorities in England to allow them to provide discretionary grants.
The following businesses should be considered as a priority for these funds:
· Businesses in a range of shared workspaces;
· Regular market traders who do not have their own business rates assessment;
· B&Bs which pay Council Tax instead of business rates; and
· Charity properties in receipt of charitable business rates relief which would otherwise have been eligible for Small Business Rates Relief or Rural Rate Relief.