Following the Government’s announcement of the top-up to local business grant fund scheme, Dorset Council has announced that they are working on releasing the eligibility criteria and guidance for applicants.
The grant scheme, which comes from a pot of £617 million provided by the Government to all councils, will be aimed at:
- Small and micro businesses, as defined in Section 33 Part 2 of the Small Business, Enterprise and Employment Act 2015 and the Companies Act 2006.
- Businesses with relatively high ongoing fixed property-related costs
- Businesses which can demonstrate that they have suffered a significant fall in income due to the COVID-19 crisis
- Businesses which occupy property, or part of a property, with a rateable value or annual rent or annual mortgage payments below £51,000.
Dorset Council stated that they are hoping to release more information about the application process and eligibility soon.
Photo credit: Prodigy Drones.
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