As the Government schemes do not apply to those in wholesale, manufacturing or administrative business we are unable to award a grant, unless in receipt of small business rate relief. Businesses that have made applications which are not eligible should by now have received notification.
On 29 May, Government announced a further grant scheme for businesses that could not access one of the other grants available. The Local Authority Discretionary Grant Scheme is available to those businesses in shared workspaces, charities and small or micro sized businesses.
We have developed a scheme that will be available next week, and details will be posted on the Council’s Coronavirus hub – https://www.redbridge.gov.uk/coronavirus-information-hub/coronavirus-support-for-businesses/coronavirus-business-grants/. The full eligibility criteria will be detailed there. Grants up to £5,000 will be available on a first come first served basis from the £2.24m fund allocated to the Council. If the criteria apply to businesses on the park, I would encourage them to apply as soon as the scheme opens next week, as we will also cap the applications once we reach 1000 claims.