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Additional Grants available for Local Businesses

by prestwichfocus on 4 June, 2020

Businesses that work from shared premises are the main target of a new grant scheme that aims to boost local economies in the wake of the coronavirus crisis.

The Government has provided Bury with a £2m funding pot available to organisations unable to apply for previous government support because they did not have a rates assessment.

Those who may be eligible to apply for one-off grants that do not have to be repaid include:

  • Businesses who operate in shared spaces, for example in a shared office, business unit or industrial unit
  • Outdoor market traders, for example those in Bury Market selling non-essential goods who have not been able to work over the past two months
  • Bed and breakfast accommodation that pays council tax and has fewer than six bed spaces
  • Community centres that have fixed property costs
  • Properties run by charities that are in receipt of charitable business rates relief which would otherwise have been eligible for Small Business Rates Relief.

Most payments from the new £1.96m scheme are likely to be under £10,000. Businesses can check eligibility and access the online application form at burymeansbusiness.bury.gov.uk to. They can also e-mail investin@bury.gov.uk for further advice.

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