Another chance to claim coronavirus cash for businesses

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Another chance to claim coronavirus cash for businesses

Small businesses and other enterprises in Gosport hit hardest by the pandemic are being offered another chance to get government cash support.

In June, firms had an opportunity to apply to Gosport Borough Council for money from the Local Authority Discretionary Business Grant Fund. But the pot was not used up, so the council has opened applications up again.

This time, the eligibility criteria have been widened to include more businesses and more home-based firms.

During the first round of applications, grants were aimed at businesses occupying property with a rateable value, annual rent or annual mortgage payments of up to £51,000. Now the council has raised the limit to £100,000, although businesses in lower-value properties are still encouraged to apply.

Businesses are urged to check if they are eligible and to complete an online application form before midnight on Sunday 16 August.

Cllr Mark Hook, Leader of the Council, said: “It’s vital that local companies who might be eligible for this support go online and apply for it. We want to keep local small businesses going in these incredibly difficult times. They’re vital for the health of the local economy and the wellbeing of our neighbourhoods.

“This is the final opportunity to get this support. This time round we’ve widened the criteria, to encourage more applications and make sure these funds are distributed in the borough.”

Find more information and an application form here.

After the deadline, the council will assess applications and contact applicants as quickly as possible. Payments will be made by 28 August. Applicants judged to be eligible for the other grants will be awarded them instead.

Businesses can also apply directly for the other government grants, such as the Small Business Grant and the Retail, Hospitality and Leisure Grant. Applications for these are open until 28 August. Find more information and an application form here.

Source: Gosport Borough Council