Today I’m focussing on one really important piece of news – the launch of our Bucks Business Grants.
This is how eligible local businesses can apply for financial support if they’re suffering hardship as a result of this second lockdown. I wanted to share this news widely – to tell business owners how to apply and to let everyone know how we are supporting our much-loved local firms during this incredibly challenging time for them. I know how much all our residents rely on and value their local businesses, whether they’re an employee or a customer.
Through ‘Bucks Business Grants’, eligible businesses can apply for funds from one of two grants. If they’ve had to close during this new lockdown they may be eligible for a grant via the ‘Local Restrictions Support Grant’. This is linked to rateable value and will offer financial support for the duration of the current lockdown period, including if it’s extended.
Firms that have suffered hardship as a result of these latest restrictions, eg suppliers to businesses that are currently shut, may be eligible for the ‘Additional Restrictions Grant’, a one-time grant payment, if they aren’t able to claim the Local Restrictions Support Grant. Applications for this grant – for businesses of any sector – open later this week until the run up to Christmas.
Local firms can apply for one, but not both of these grants, if they’ve been impacted by the new lockdown period.
I know this year has been incredibly tough for businesses across Buckinghamshire so I hope today’s update provides some positive news. Please make sure you apply as soon as possible if you think you’re eligible.
There are full details of the wider support available to businesses and employees on the government’s website. This link includes information about the furlough scheme and support for the self-employed so do have a read through to see what help is available.
Stay safe and protect Bucks,
Leader, Buckinghamshire Council