Coronavirus Local Authority Discretionary Fund
This scheme closed at midnight on 14 June.
The guidance from Government states that the small businesses to be prioritised for access to the funding are:
- small and micro businesses, as defined in Section 33 Part 2 of the Small Business, Enterprise and Employment Act 2015 and the Companies Act 2006
- businesses with relatively high ongoing fixed property-related costs
- businesses which can demonstrate that they have suffered a significant fall in income due to the COVID-19 crisis
- businesses which occupy property, or part of a property, with a rateable value or annual rent or annual mortgage payments below £51,000
For more information, read the: