Issue details
Decision on arrangements for the Discretionary (Covid-19) Business Grant Fund
To approve expenditure and approach to delivering the Covid 19 Discretionary Grant Scheme.
In May the government announced that it would provide Local Authorities with additional funding to target small businesses with high fixed property-related costs but that are not eligible for the current grant schemes.
This decision considers the targeting and delivery of these additional funds.
Decision type: Key
Reason Key: Expenditure and strategic nature / impact on communities;
Decision status: Recommendations Approved
Wards affected: (All Wards);
Notice of proposed decision first published: 04/06/2020
This decision will be taken under urgency procedures.
Reason for urgency:
The Covid-19 situation is having a significant impact on numerous businesses across the county. The council have already distributed a considerable amount of government funding to businesses via the Small Business Grant and the Retail, Hospitality and Leisure Grant schemes. the government has awarded the council additional funding to allocate via a grant process to some businesses who were not eligible for the initial funding. the government is expecting councils to be making financial awards to businesses in June and the council are expected to report back to government on the level of grant awards made. There is a clear urgency to support Herefordshire businesses with grant awards to assist in their recovery from the Covid-19 situation, and a similar urgency to demonstrate to government that awards are being made.
Decision due: 12 June 2020 by Cabinet member environment, economy and skills
Lead member: Cabinet member environment, economy and skills
Lead director: Director of Economy and Place (Historic)
Department: Economy and Place (Historic)
Contact: Nick Webster, Economic development manager Email: nwebster@herefordshire.gov.uk Tel: 01432 260601.
Decisions
Documents
- Decision on arrangements for the Discretionary (Covid-19) Business Grant Fund, main report PDF 277 KB
- Annex A DG Grant National Guidance PDF 280 KB
- Annex B Web page information for discretionary grant PDF 225 KB
- Annex C Discretionary Grant Application Form PDF 254 KB
- Annex D discretionary Grant internal assessment form PDF 380 KB