DEADLINE: 16th August 2020.
London Borough of Newham has now set a deadline for the Local Authority Discretionary Grants Fund. Learn more here.
On May the 1st additional 5% uplift to the £12.33 billion funding was announced for small businesses.
The Central government asked local authorities to prioritise the following businesses:
- in shared spaces
- regular market traders
- small charity properties that would meet the criteria for Small Business Rates Relief
- bed and breakfasts that pay council tax rather than business rates.
However, the local authorities may choose to make payments to other businesses based on local economic need, so the allocation of funding will be at the discretion of Newham Council.
