More Chelmsford businesses that are suffering a significant fall in income due to coronavirus, can now apply for a grant. Chelmsford City Council has launched a third and final round of Discretionary Business Support Grants.
The policy has been revised to bring additional businesses into scope and will increase the funding grants, on top of the £31 million that has already been paid out. Previous applicants do not need to apply again, as the Council will look at all applications to see if businesses qualify under the new terms of the scheme.
New business applications can be submitted until 16 August 2020 at www.chelmsford.gov.uk/dbsgrant and there are certain, specific criteria.
Businesses with fixed business-related costs of more than £1,000 per year, such as business insurances or loan repayments, may now qualify. Previous limits on the amount of property-related business costs will still apply. Applicants will be notified of a decision as soon as possible after the closing date. 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 Stephen Robinson, Leader of Chelmsford City Council, said: “This third round of grants will help local businesses to access much-needed funding to support them through this uncertain and variable period. By widening the criteria of the scheme, many more businesses can now access the grants which will help relieve some financial burden.
“We encourage all eligible businesses that haven’t yet applied to take up the opportunity straight away and definitely before 16 August, so that the Council can allocate all the money available.”
The full eligibility criteria and application form for the Discretionary Business Support Grant can be found at www.chelmsford.gov.uk/dbsgrant.
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Wednesday 29 July 2020