On Thursday night (4 June) the District Council's Emergency Committee gave the green light to the Covid-19 Derbyshire Dales Discretionary Grant Fund, which widens access to Government business support grants.
The hope is that the discretionary fund – although limited in size - will benefit small and micro businesses with high ongoing, fixed property-related costs that haven't accessed other Government coronavirus grant schemes.
Around 2,500 Derbyshire Dales businesses have already received more than £29-million Government support cash thanks to applications processed by the District Council.
Now a much smaller figure - £1.7-million - has been allocated by Government to help certain small and micro businesses prioritised for support at the national and local level. Grant levels for successful applications will range between £2,500 and £10,000, with awards of £25,000 in exceptional circumstances
A District Council spokesperson said:
"While the funding for this new discretionary grant is much lower than we would have wished, Government has made it absolutely clear that they will not increase the allocation, which means we have to manage expectations as £1.7-million will not, sadly, go far.
"Government has asked local authorities to prioritise certain types of businesses for support including small or micro businesses operating from shared offices or other flexible workspaces, regular market traders based here in the Derbyshire Dales, B&Bs registered with the Council as food businesses and certain properties occupied by local charities.
“Applying local discretion, the District Council has also prioritised small and micro businesses beyond the retail, hospitality and leisure sectors that just missed out on earlier coronavirus-related grant schemes. Qualifying businesses will also include self-catering accommodation businesses established as Furnished Holiday Lets paying Council Tax, where this is the owner’s primary source of income.
"Small or micro businesses must satisfy a number of eligibility criteria to apply including trading on 11 March 2020 from premises used wholly or mainly for business purposes, having fixed property costs of £2,400 per annum or more and applicants must be able to demonstrate a reduction in turnover of 20% or more due to the impact of Covid-19."
Please read the detailed guidance on this webpage before making an application from 8 June.
The deadline for completed applications is 5pm 22 June and payments to successful applicants will start in July.