Cornwall has received around £13.5m from the government to use for grants for small businesses. The council are aiming to get this money to businesses as quickly as possible through new grants.
The council can provide funding from this grant to small and micro businesses depending on the following terms:
– The business has been negatively affected by COVID-19
– It hasn’t already received financial assistance through other government schemes
– The business continues to have high fixed-term costs related to property such as rent or mortgage payments
Due to the expected demand for this particular funding, and to make sure money is distributed to businesses as quickly as possible, the following grants will be available to small and micro businesses:
Standard grant £10,000
Larger grants up to £25,000
A larger grant will only be considered in very specific circumstances for businesses that meet the criteria outlined in the policy.
The funding given to Cornwall must be prioritised for support to businesses that fall in four groups. If your business falls into one of these four groups you can apply for a grant.
It is advised that you read the grant policy before you apply.
You can apply for a Discretionary Coronavirus Support Grant now, please note that the application form will be unavailable on Sat 23 between 8.30am and 2pm.
For the original announcement from Cornwall Council, click here. We are always here to take any question you might have about the Discretionary Coronavirus Support Grant, or any other Coronavirus funding that is available. Speak to our team, or reach out on social media!
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