Hinckley & Bosworth Borough Council open Discretionary Grants Fund application

Published Friday, 29 May 2020

Hinckley & Bosworth Borough Council has been allocated an additional £1,092,000 to support businesses across the borough as part of the Government’s Local Authority Discretionary Grants Fund.

The scheme aims to provide support for businesses through the coronavirus pandemic in addition to the Small Business Grant and the Retail, Leisure and Hospitality Grant Funds, which remain open for eligible ratepayers to apply who have not yet claimed. Businesses must have been trading on 11 March 2020 and not have received any other government funding (except  the Coronavirus Job Retention Scheme).

The grant awards will start at £500 with a maximum potential grant of £25,000.

The scheme will provide support to businesses that fall into five main priority areas:

  • Small businesses in shared offices or other flexible workspaces
  • Regular market traders with fixed building costs
  • Bed & Breakfasts which pay council tax
  • Charity properties in receipt of charitable business rates relief
  • Suppliers of the retail, hospitality and leisure sector who were not considered eligible for the previous grants

Leader of the Council, Councillor Stuart Bray said:

This discretionary grant scheme will allow us to provide much needed support for smaller businesses in the borough, who have not been eligible for other government schemes, to help protect people’s jobs for the future.

Whilst I welcome this extra funding I would urge businesses to make their application immediately as it is most likely, there will be more businesses needing support than can be provided by the allocation provided.

Applications can be made from Monday 1 June until Sunday 14 June. All information and how to apply for a discretionary grant is available online. 

The council aims to make payments the week commencing 22 June 2020.