BUSINESS SUPPORT GRANTS FROM GBC

** PRESS RELEASE FROM GBC**

Local Restrictions Business Support Grants applications open

The Government has announced a second wave of Business Support to provide cash grants for businesses that have been affected when entering Tier 2, Tier 3 and National Lockdown restrictions.

Gedling Borough Council is responsible for distributing these grants to local businesses and has now received the relevant information and funding from Government to open the grant applications.

Local businesses that can receive these grants include non-essential retail, hospitality, leisure, accommodation and businesses supplying or servicing businesses in these sectors.

There are five different grants available, all of which are detailed on the council’s business support webpages. The grants cover a number of scenarios for businesses affected by the restrictions. This includes grants for businesses that were affected before the national lockdown was announced, during the Tier restrictions. There are also grants available to businesses who had to close during the restrictions. There is a discretionary scheme that will be available for the council to provide support to businesses who may not meet the criteria for the other grants.

The online application form takes less than five minutes to complete. Businesses will need to provide evidence of their business bank account, with business name, sort code and account number, along with any other required evidence, depending on their business type.  Based on the information provided, the council will make the assessment and decide what grant the businesses is eligible for.

The form is on the council’s website www.gedling.gov.uk/local-restrictions-support-grants

For information about all of the financial support available to businesses, visit www.gedling.gov.uk/support-business

Deputy Leader of Gedling Borough Council, Councillor Michael Payne said;

“These grants will be a vital lifeline for hundreds of businesses in Gedling who have been hit so hard by this second wave of closures despite all of their efforts to become covid secure.

Now we have received the information about how these grants will work from Government, we are acting as quickly as possible to get the funds out to our businesses and we will be contacting them over the next few days. The grants are different to the ones that were announced during the first lockdown and we are urging businesses to fill out the online form and provide all of the required documents and evidence so that we can make sure they receive the right grants.”