Discretionary fund guidance and panel underway
A decision-making panel is being put together to assess applications for the small business discretionary grants.
Last-minute checks are being carried out on the online application form and a guide for applicants is being prepared.
We anticipate that small businesses in the city will be able to start applying for a discretionary grant through the online form tomorrow, 3 June.
As part of their applications, businesses will need to provide supporting information, such as business account details and a cashflow forecast template has been designed for inclusion in the application pack.
The independent panel will include representatives from business organisations. They will assess applications against a set of criteria agreed by councillors on 29 May. More details about the criteria can be found in the Covid-19: Support for Businesses report (agenda item number 6).
Brighton & Hove’s discretionary fund of around £3.7 million will provide small grants for some of our independent businesses who have not been eligible for the government’s small business grants.
Small businesses who could apply to the main fund include those from the visitor economy, retail, events, creative and IT & digital, as well as charities and not-for-profit organisations.
There will be three levels of grants:
- Any amounts under £10,000
More like this
Brighton & Hove's discretionary grant fund for small businesses is coming soon. Councillors agreed the proposals at the Policy & Resources (Recovery) Sub-Committee on 29 May.
Council leader Nancy Platts sets out how the council is supporting small businesses during the pandemic and urges those eligible for the small business grants who have not yet made contact to get in touch.