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Additional business grant funding distributed

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Nearly £500,000 of government funding has been given out by Blaby District Council to more than 60 local businesses as part of the Discretionary Grants Scheme.

Additional funding was provided by the government for the Council to help those who weren’t eligible for the government’s covid-related schemes, including the Small Business or Retail, Leisure and Hospitality Funds.

A local scheme was formed to distribute the £532,000 discretionary funding from the government. Priority given to specific sectors including properties occupied by a charity, regular market traders and businesses considered to be important to the local economy.

As well as distributing funding to businesses during the coronavirus pandemic, Blaby District Council has been supporting local businesses in Blaby Town Centre and set up a new Business Hub. The Business Hub will see a specialist team at the Council work with local firms, providing resources, assistance and information on a range of issues.

Councillor Maggie Wright, Deputy Leader and Portfolio Holder of Finance and Assets, said: “I am extremely proud of our team, who have worked incredibly hard to process the applications we have received from during this traumatic period for businesses. Their huge effort has seen nearly £11 million in grants awarded to more than 950 businesses.”

“The funding we have provided is vital for not only each individual businesses’ survival during this pandemic, but also the economic prosperity of the district, which we are committed to supporting through our new Business Hub.”

Business can access the business hub by visiting the Business Hub page.

06 August 2020
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