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:
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