Nearly £9 million in support grants handed out to 685 businesses
£8,930,000 has been paid to 685 eligible Gloucester businesses from central Government funding.
Gloucester City Council has paid £8,930,000 in support funding to 685 businesses during the Coronavirus pandemic.*
A portal has been launched by the council for business owners to submit an application for the Small Business Grant Fund (SBGF) or the Retail, Hospitality and Leisure Grant Fund (RHLG).
Since being allocated the grant funding by central Government, Gloucester City Council has been able to pay nearly £9 million in grant money directly to the Gloucester businesses that qualify for a portion of the fund.
Businesses eligible for the Small Business Rates Relief could receive up to £10,000. Those that would have been in receipt of Expanded Retail Discount with a rateable value of less than £51,000 will be eligible for up to £25,000.
Richard Cook, leader of Gloucester City Council, said: “This is a difficult time for everyone, but it’s fantastic that we’ve been able to get support funding out to businesses in the city so soon after receiving the money from central Government.
“Local businesses play an important role in our great city, and lots of them are able to claim for the grant money available, so it’s vital that owners submit their claim if they haven’t already heard from us. We can then get the money to them as soon as possible and help ensure their business is still there when we come out the other side of this pandemic.”
Further details, eligibility criteria and what business owners will need to submit their claim can be found on the Gloucester Support Grant portal here: https://openportal.gloucester.gov.uk/scripts/OPENPortal-Live.wsc/ndr/ndrgrant.p
*Figure as at 5pm Monday 6 April 2020