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A new discretionary fund worth over £3 million, has been released for businesses who fell outside the scope of the Government’s previous Coronavirus emergency business grant schemes. An additional 600 businesses are set to benefit from grants of £5,000 which will include:

  • Small businesses that operate from shared offices or other flexible workspaces. Examples could include units in industrial parks, science parks and incubators which do not have their own business rates assessment;
  • Regular market traders with fixed building costs, such as rent, who do not have their own business rates assessment;
  • Bed & Breakfasts which pay Council Tax instead of business rates;
  • Charity properties in receipt of charitable business rates relief which would otherwise have been eligible for Small Business Rates Relief or Rural Rate Relief.

This programme of grants is country-wide, and being administered by local councils with funding that comes from central government. 

For more information from Newcastle City Council, eligibility criteria and to apply for the fund visit: Newcastle City Council Coronavirus Discretionary Business Grant Fund

For more information from Gateshead Council, eligiblity criteria and to apply for the fund visit: Gateshead Council COVID-19 Business Support Grants: Local Authority Discretionary Grant Fund