Sheffield City Council has today (27th May) launched its Local authority discretionary grants fund, which aims to provide support to businesses and organisations that have suffered from a significant fall in income due to Covid-19 and have not been able to access other grants available. All applications for grants need to be submitted by 12th June to be considered.
To claim this new support, businesses must have been trading on 11 March 2020, have less than 50 employees, have ongoing, fixed property costs and not benefited from another Covid-19 related grant, including Self Employed Income Support.
Local Authorities have been allocated money to distribute these grants. Sheffield City Council has received £5.5m to date.
The Council has decided to initially award grants of £3,000, £5,000 or £10,000 to the following priority categories:
- Businesses and charities in shared offices or other flexible workspaces (industrial parks, science parks and incubators) which do not have their own business rates assessment
- Retail, Hospitality and Leisure businesses in shared spaces or other flexible workspaces and concessions (food halls) which do not have their own business rates assessment
- Local charity properties in receipt of Charitable Rates Relief which would otherwise have been eligible for Small Business Rates Relief
- Nurseries who were otherwise eligible for a Small Business Grant but excluded because they have a rateable value over £15,000
Anybody who is uncertain whether they might be eligible should contact Business Sheffield on 0114 224 5000 or email firstname.lastname@example.org.