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  With A Little Luck by Wings

District Council to provide top-up payments to local businesses.

Since the start of the pandemic, Huntingdonshire District Council has administered a wide range of the Government’s business grant schemes providing financial support for  Huntingdonshire’s businesses. Following a review of the existing discretionary schemes, the District Council is able to provide a further round of top-up payments to businesses who have previously received discretionary funding.

To date, the District Council has paid out over £54 million worth of grants through over 11,500 payments to businesses across all Government grant schemes; the most recent being the Enhanced Additional Restrictions Grant scheme, launched on Wednesday 12 May 2021. Following a month of applications, and total payments of £606,000 to 75 businesses, dedicated funding to support businesses remains and will therefore be distributed to eligible businesses as a top-up payment to the grants that they have already received from the earlier ARG, ARG Extension and Enhanced ARG schemes.

Executive Leader of the Council, Councillor Ryan Fuller, said: “The funding provided by Government is intended to directly support local businesses, and having now ensured that we have supported as wide a range of local businesses as possible we will distribute the remaining funds as top-up payments to help our businesses further as they start to get back on their feet.”

Final calculations are taking place and top-up payments are likely to be a minimum of £1,150 per eligible business depending on previous eligibility and payments received. These additional payments will be made by Wednesday 30 June. For further information and updates, visit https://www.huntingdonshire.gov.uk/business/covid-business-grants/ where the District Council’s Discretionary Grant Top-Up Policy can be found.

Source: HDC Press Release 14th June 2021