Businesses in County Durham are being invited to seek financial support following the extension of grants schemes. Durham County Council is extending the business rates grants schemes it has been administering on behalf of the government during the Coronavirus pandemic, and is encouraging companies that were not previously able to access support to apply.
The extended scheme seeks to fill some of the gaps in the original grants schemes through which over 8,500 businesses have received in excess of £95 million of support. The council has been allocated just under £5 million of additional funding and asked to develop a local policy which prioritises:
- Small businesses in shared offices or other flexible workspaces
- Regular market traders who do not have their own business rates assessment
- Bed and breakfast operators who pay council tax instead of business rates
- Charity properties in receipt of charitable business rates relief which would otherwise have been eligible for small business rates relief or rural rate relief.
Find out more about business financial support available, please click here.