Issue 15 Special Edition: Take action to avoid missing out on business grant funding
If you are a Business Membership Organisation, please share this widely amongst your member companies and networks.
Unclaimed grant funding available to businesses
Businesses in Cambridgeshire and Peterborough are eligible for millions of pounds of grant funding which have so far gone unclaimed.
District and city councils are distributing two key grants, one for small businesses, and one for businesses in the retail, hospitality and leisure sectors. These local authorities have been working hard to contact all businesses eligible, but businesses themselves are urged to get in contact with their relevant local authority to avoid missing out.
The two grant funds and broad eligibility are as follows:
Small Business Grant Fund
Businesses in England in receipt of either Small Business Rates Relief or Rural Rates Relief in the business rates system will be eligible for a payment of £10,000.
Retail, Hospitality and Leisure Grant
Eligible businesses in England in receipt of the Expanded Retail Discount (which covers retail, hospitality and leisure) with a rateable value of less than £51,000 will be eligible for a cash grants of £10,000 or £25,000 per property.
To enquire about whether you may be eligible, contact your local business rate billing authority on the details below:
Cambridge City Council
If you know you are eligible for one of the grants, you can bypass the information and go straight to the application form. https://forms.cambridge.gov.uk/BUSINESSGRANTS/launch
South Cambridgeshire District Council
Links to business rates grants web page:
General business coronavirus web pages:
East Cambridgeshire District Council
Peterborough City Council
Peterborough City Council grants page: https://www.peterborough.gov.uk/healthcare/public-health/coronavirus/coronavirus-covid-19-overview
Opportunity Peterborough coronavirus support page: https://www.opportunitypeterborough.co.uk/business-support/coronavirus/
Comment from Peterborough City Council on grants awarded so far:
Huntingdonshire District Council
Fenland District Council
Coronavirus Business Support Blog
The Department for Business, Energy and Industrial Strategy have created the Coronavirus Business Support Blog to help business get the support they need to help with the impact of coronavirus.
The government has made available a full range of business support measures during this time. This blog contains additional information and resources, including:
- case studies from businesses which have or will be accessing government support
- posts from different people across government and business
For all the latest up-to-date government visit the coronavirus pages on GOV.UK.
In The News
Recent media coverage of local businesses doing good things during the coronavirus outbreak
- Third Queen’s Award for Peterborough 3D printing specialists Photocentric
- Popular Cambridgeshire farm shop offers collection and delivery service amid the coronavirus pandemic
- Cambridge Independent launches ‘Keeping Cambridge in Business’ campaign offering an A-Z of local businesses adapting to continue to offer their services
- Avacta’s rapid COVID-19 test ahead of schedule
Business Support Helpline 0300 456 3565