Swindon Borough Council has opened the second round of its Coronavirus Discretionary
cash grant scheme aims to provide additional support to small businesses not
eligible under other schemes.
This final round of funding
is open to applications from Swindon businesses and will close at 9.00pm on
Sunday 26th July.
charities, community interest companies and sole traders are encouraged to
apply if they meet the eligibility
In order to qualify,
applicants must have fixed property costs, have experienced a loss of income
due to Covid-19 and must have been trading on 11th March 2020.
Applicants must not be eligible for the Retail, Hospitality &
Leisure and Small Business Grant Funds or be in receipt of a Discretionary
Grant from the scheme’s previous round.
This round of funding is open to slightly larger businesses;
applicants’ fixed property costs must be between £2,400 and £102,000 (excluding
VAT) and if operating from a business property the rateable value assessment
must not exceed £102,000.
Eligible properties can include shared workspace, including
renting a chair or desk, working from home in a defined space, individual
units, outdoor pitches and storage units.
Companies too large to apply for the Retail, Hospitality and
Leisure Grant Fund can apply if the rateable value assessment is between
£51,000 and £102,000.
There is no restriction on employee numbers for this second round,
but all applicants must adhere to the State Aid rules.
All applications will be stringently checked to ensure that
recipients are eligible.
Full details can be found on the Swindon
Borough Council website.