The second round of applications to the Discretionary Grants Fund will open on 14 July
The Discretionary Grant Fund has been set up by the Government to help certain small and micro businesses, as well as charities that were outside the scope of the previous business grant schemes.
The first round of applications to the Discretionary Grants Fund has been completed. Applicants have been notified of the outcome of their application.
As the available funding has not yet been fully allocated, we’re pleased to be able to extend the offer to more local businesses and charities, and also extend the application window to accommodate this. In particular,and subject to fulfilment of the eligibility criteria, we are now inviting applications from:
- Home-based business
- Independent charities
- Private dentists
This is alongside the categories previously set out, included below.
Following the initial round focussing on the Government priority areas, Kingston Council are pleased to be able to launch a further round of funding to a wider category of businesses.
The application window will be open between 12noon on 14 July and 5pm 31 July 2020. No applications will be assessed until the window closes and we anticipate first payments being made from week commencing 10 August.
This second round of funding is open to:
- Independent hospitality: bars, restaurants and cafes with Rateable Values up to £100,000.
- Independent retailers in business property with Rateable Values up to £100,000.
- Artists and makers in studios/ shared workspaces without their own Rateable Value, and an all-inclusive fee to the studio/workspace operator of a minimum of £250 per month.
- Independent coworking and shared workspace operators that provide desk-based workspaces in a shared environment, with Rateable Values up to £51K.
- Independent Ofsted Registered Childcare providers/nursery businesses in shared workspaces, or their own business premises with Rateable Value below £100K.
- Small and micro businesses (up to 49 employees) in shared offices and workspaces or other flexible workspaces with fixed ongoing property costs, without their own business rates assessment.
Our borough has been allocated approximately £1.5m for this scheme the council wants to use this to help as many businesses as possible through this difficult period. In preparing our scheme, we have consulted with partners in Kingston Chamber of Commerce and the Kingston First BID.
Depending on the demand and to help as many businesses as we can, the eligibility thresholds may need to be shifted and grants levels adjusted. Therefore, applying for a grant and meeting the criteria will not guarantee a grant will be paid, or if it will be at a specified amount. Check eligibility for other Government grants and support on the Government website.