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Businesses to get help

Businesses to get help

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26 May 2020

Council confirms details of discretionary business grant scheme

Fareham Borough Council has confirmed details of a draft scheme designed to help some businesses that have not met the criteria for the Government’s business support package.

Details of the new scheme have been published on the Council’s website ahead of a decision being made by the Council’s Executive Leader, Councillor Woodward, as part of his Policy and Resources Portfolio on 2nd June.

Businesses seeking to apply for a discretionary business grant are urged to submit an expression of interest immediately as, following approval of the scheme, applications will need to be made within two weeks. The scheme will close on 16th June.

All local authorities have been tasked with creating a local scheme that meets Government requirements but also uses local knowledge and discretion about economic need in the region. It is for small and micro businesses with ongoing property-related costs, based in Fareham, that have not been eligible for other Government business support schemes or self-employment income support.

Across Fareham, priority will be given to:

Cllr Seán Woodward, Executive Leader of Fareham Borough Council, said: ‘To date we have paid out around £17M in business grants but there are some businesses that we have not been able to help, as they don’t meet the criteria. This new fund of around £1M will enable the Council to help many of those smaller businesses who are struggling with ongoing property-related costs.’

For details visit: https://www.fareham.gov.uk/coronavirus/businesses.aspx and click on the link for the Discretionary Grants Fund.


ENDS


For further information contact:

Customer Enquiries

Tel: 01329 236100
Email: customerservicecentre@fareham.gov.uk

Media Enquiries

The Communications Team
Tel: 01329 824310
Email: publicity@fareham.gov.uk
Fax: 01329 550576

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Fareham Borough Council, Civic Offices, Civic Way, Hampshire, PO16 7AZ
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