Eastleigh hands out £1.2 million to virus hit businesses

Council urges struggling firms to apply for share of £12bn Business Support Grants

Eastleigh council hands out £1.2 million in Business support grants

Council handi

Over £1.2million has been paid out in emergency support so far to 93 Eastleigh Borough businesses impacted by the coronavirus crisis.

The Business Support Grants are being distributed by the Borough Council as part of the Government’s £12 billion business support package currently being rolled out by local authorities across the country.

The council have been processing a steady stream of applications and payments totalling £1,210,000 have already been paid to 93 businesses in the Borough with more under consideration.

The council reports that local business owners have shared their appreciation to the Council after receiving notification of their grant, one company owner said :

“Your email has made such a huge difference to how we are dealing with everything, and for that we are eternally grateful. Thank you to you and your colleagues for everything, your help is appreciated more than you will ever realise.”

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.

More details of the scheme can be found here

Leader of Eastleigh Borough Council, Councillor Keith House, said:

“The Council is committed to supporting the prosperity of local businesses and we are very aware of the difficulties and huge uncertainty that many in the Borough are suffering as a result of the coronavirus crisis.

Our Economic Development team responded very quickly to the government’s initiative, and it is excellent that that so many businesses have already responded and that we have been able to provide help so quickly.”

Council urges more businesses to apply for Business Support Grant 

The Economic Development team at the Council is encouraging people to continue to apply for business grants if they haven’t yet done so, and they will continue to process these over the coming weeks.

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