Small businesses in Babergh and Mid Suffolk can now access one of three Government business grants to help with ongoing costs during the coronavirus crisis:
You can only apply for one of the grants listed above.
The second phase of the Discretionary Grant is now open and will close on Monday 24 August (5pm).
We are still in the process of reviewing applications from phase one, so if you have a claim reference but have not yet heard from us about whether you have been successful, we will be in touch in due course.
The following businesses are now able to apply for the Discretionary Grant:
As part of the application, businesses will need to provide supporting evidence about the business, fixed property costs, loss of earning due to COVID-19 and confirmation of permanent employees.
More information about the Discretionary Grant criteria and supporting document requirements can be found on the Discretionary Grant Phase Two Policy and Discretionary Grant Frequently Asked Questions.
£10,000 will be given through the support grant to:
Exclusions to Small Business Grant Fund
£10,000 will be given through the grant to businesses in the retail, hospitality and leisure sectors with a rateable value of £15,000 or less.
£25,000 will be given through the grant to businesses in the retail, hospitality and leisure sectors with a rateable value of over £15,000 and under £51,000.
Exclusions to Retail, Hospitality and Leisure Business Grant Fund
If you need further information please see the Government business support grant funding website.
All grants are subject to state aid rules, any grant funding paid may be reclaimed if it does not comply with state aid rules.
Information is also available on the full range of support for businesses and employers announced by Government on the Government business support website
We have been informed that some companies are charging fees to complete the application on behalf of small businesses. We are not charging any fees for this grant and urge any business owners to contact us with any queries about the application process:
Email the Business Rates Team for queries about the Small Business and Retail, Hospitality and Leisure Grants
Email the Economic Development Team for queries about the Discretionary Grant