Local Authority Discretionary Grants Fund

The Business Secretary Alok Sharma and Minister for Regional Growth and Local Government, Simon Clarke recently spoke to local authorities in England to set out that up to £617 million would be made available to local businesses.

This is an additional 5% uplift to the £12.33 billion funding previously announced for the Small Business Grants Fund (SBGF) and the Retail, Hospitality and Leisure Grants Fund (RHLGF), so up to £617 million.

Size of grants Local authorities may disburse grants to the value of:

  • £25,000

  • £10,000

  • Any amount under £10,000 The value of the payment to be made to a business is at the discretion of the local authority.

To read more on eligibility and the application process, click here

Mitchell & Co

Chartered Accountants