Chelmsford businesses suffering from a fall in income due to coronavirus are invited to apply for a Discretionary Business Support Grant from Chelmsford City Council. Applications can be submitted until 16 June 2020 at www.chelmsford.gov.uk/dbsgrant.
The grants are available for businesses that have suffered very large falls in their income caused by Covid-19 and have not been eligible for any previous business grant. Funding between £1,000 and £10,000 will be awarded at the discretion of the Council, to businesses that meet the eligibility criteria.
The value of the grant awarded to eligible applicants will be based on a business’s ongoing property-related costs, such as high rent or mortgage payments. Applicants will need to provide evidence in their application of their continuing property outlay, as well as showing the reduction in their trading income as a result of the pandemic.
The funding is in the form of a grant which means businesses will not be required to pay the money back to the Council.
Councillor Chris Davidson, Cabinet Member for Fairer Chelmsford said: “We want to see our Chelmsford businesses thriving and know the past few months have been very difficult for many. The Discretionary Business Support Grant gives the Council a further opportunity to help the businesses that need it. We want to support the local business community through the current crisis. While the funding the Government has provided is less than we would have liked, we encourage all eligible businesses to apply and take up the opportunity.”
The full eligibility criteria for the Discretionary Business Support Grant can be found at www.chelmsford.gov.uk/dbsgrant, along with the application form.
The very latest information and guidance for businesses and employers can be found on the Council’s website: https://www.chelmsford.gov.uk/business/coronavirus-guidance-for-businesses-and-employers.