Over 300 businesses have received a discretionary business support grant from Nottingham City Council to support small businesses in the city, and the City Council has opened a second round of grants to eligible businesses.
Grants of £2,500, £5,000 and £10,000 have been paid out by the Nottingham City Council Economic Recovery Unit to eligible businesses, such as those in shared or flexible workspaces, market and street traders, charities and other businesses with a rateable value between £15,000-£51,000 who have been forced to close or reduce trade due to COVID-19.
The grants paid to date have supported over 300 businesses in shared premises, including from BioCity and the University of Nottingham’s small business incubator spaces, as well as around 60 market traders and 70 charities, supporting over 4,000 jobs.
You can read more about this on the My Nottingham News website.
To find out if you are eligible please check the Nottingham City Council website.
Don’t miss out, apply here by Friday 3 July
Grants of up to £2,500, £5,000 and a maximum award of £10,000 will be available for businesses who were trading prior to 11 March and who have been ineligible for other grant funding. This includes:
- Those in shared or flexible workspaces;
- Market and street traders;
- Charities, social enterprises, and cooperatives; and
- Other businesses with a rateable value between £15,000 and up to £51,000 who have been forced to close or reduce trade.
Due to the limited funding available and expected over-subscription to the scheme, grant applications will need to be submitted to the City Council for assessment, with payments expected to start in June. APPLY NOW (click continue without an account if you don’t have one).