The Government has announced that up to £617 million is being made available to Local Authorities in England to allow them to provide discretionary grants as part of the suite of Business Support grants supporting businesses and local economies across England. Guidance, intended to support Local Authorities in administering the Discretionary Grants Fund, was published 13th May.
This will not replace existing guidance for the Small Business Grant Fund (SBGF) or the Retail Hospitality and Leisure Grant Fund (RHLGF).
The additional Local Authority Discretionary Grants Fund is aimed at small businesses with ongoing fixed property-related costs but not liable for business rates or rates reliefs. We are asking local authorities to prioritise businesses in shared spaces, regular market traders, small charity properties that would meet the criteria for Small Business Rates Relief, and bed and breakfasts that pay council tax rather than business rates.
Local Authorities are responsible for defining precise eligibility for this fund and may choose to make payments to other businesses based on local economic need, subject to those businesses meeting the specific eligibility criteria. Businesses seeking information should refer to their Local Authority for further information on their discretionary scheme. Businesses already in receipt of the SBGF, RHLGF or Self-employed Income Support Scheme are not eligible.