Coronavirus payouts pass the £10 million mark as grants distributed to 806 Eastleigh Borough businesses

Eastleigh Civic offices

Over £10 million has now been paid out in emergency support to 806 Eastleigh Borough businesses impacted by the coronavirus crisis and the Council is reminding businesses there is still time to apply.

The grants are being distributed by the Borough Council which is currently processing a steady stream of applications; payments totalling £10,645,000 have already been paid to 806 businesses in the Borough and more are under consideration.

The Economy Team at the Council is encouraging people to continue to apply for business grants if they haven’t yet done so, these will continue to be processed over the coming weeks.

Businesses that are eligible could receive a £10k or £25k grant depending on the size of the company. If a company is in receipt of Small Business Rate Relief or run a business in retail, hospitality or the leisure sector and have a Rateable Value of £51,000 or less, they can complete the form to be assessed for eligibility for any grants or reliefs.

Leader of Eastleigh Borough Council, Councillor Keith House, said: “The Council is committed to helping as many businesses across the Borough as possible during this challenging time. Our Economic Development team have responded quickly during the crisis and have now distributed this significant sum to over 800 companies that have needed extra support.”

The application form can be downloaded at: www.eastleigh.gov.uk/latest-news/emergency-support-for-businesses