Stafford Borough Council is making available a new type of discretionary grant to help businesses that are not eligible for Small Business or Retail Leisure and Hospitality Grants.
Small and micro businesses in the local authority area, including those that do not have their own business rate assessment, can apply for a Local Authority Discretionary Grant (LADG) up to June 21.
To qualify businesses must operate from commercial premises and meet one of the following criteria:
- Occupiers of shared offices and spaces
- Market Traders
- Bed and Breakfast establishments, which do not pay business rates
- Charities which cannot be eligible for Small Business Rate Relief, or Grant
Where businesses can demonstrate that they have incurred a significant loss of income due to the Covid-19 pandemic, the council will pay a grant of £5,000 or 3 months’ property costs, whichever is the lesser, including:
- Commercial Mortgage interest payments
- Commercial Rent
- Unavoidable property-based service charges
- Buildings and contents insurance in respect of commercial premises
- Utility bills in respect of commercial premises.
Businesses that have applied to furlough employees under the Coronavirus Job Retention Scheme and traders that qualify to receive a grant through the Self-Employed Income Support Scheme are eligible to apply for a Local Authority Discretionary Grant.
However, LADGs cannot be paid to businesses that have received awards under the following schemes, including amounts paid by other local authorities:
- Small Business Grant
- Retail, Hospitality and Leisure Grant
- The Fisheries Response Fund
- Domestic Seafood Supply Scheme (DSSS).
- The Zoos Support Fund
- The Dairy Hardship Fund
Other types of business will be able to apply for a grant through the new scheme from June 22 onwards.
Details about Stafford Borough Council’s Local Authority Discretionary Grant scheme are available at: https://www.staffordbc.gov.uk/LADG
For advice on making a claim, call us on 01785 243276.
To access further information about government support for businesses affected by Covid-19 go to https://www.gov.uk/coronavirus/business-support