How your Sunderland business can receive thousands of pounds in lockdown grants

Businesses emerging from the coronavirus lockdown are urged to apply for a new round of grant funding to help their recovery.

Wednesday, 1st July 2020, 12:30 pm

Sunderland firms have just under three weeks to state their case for Discretionary Grant Funding of up to £10,000.

The Department for Business, Energy and Industrial Strategy (BEIS) money is being distributed locally by Sunderland City Council and follows £270,000 in payments made to more than 40 city businesses during May’s first round of funding.

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Businesses across Sunderland can now apply for a new round of government funding to help them emerge from the covid-19 lockdown.

Peter McIntyre, executive director of city development, said: “With each round of funding released, we have mobilised to ensure that eligible businesses are able to get much-needed funding into their bank accounts as quickly as possible to help keep them going until they’re able to resume normal levels of trading.

“It’s a challenging time for many organisations in the city and we’re working hard to support as many of them as we can within the guidelines set out by BEIS.”

The council has also pointed out that some phase one applications are still being assessed.

For the new phase, applications from manufacturing, engineering, software and technology companies will be initially favoured with the firms needing to satisfy the following criteria:

Have a Rateable Value (RV) assessment and a RV for a property of below £51,000; Evidence that they were trading on March 11, 2020; Be able to demonstrate a loss of income due to Covid-19;

Businesses who are eligible for any other Government business support grant funds, including phase one of the fund, are not eligible and nor are home-based firms.

Applications opened on Monday, June 29, and must be submitted by midnight on Sunday, July 19.

No payments will be made until applications for the scheme closes.

Grant award limits are expected to be £5,000 for micro businesses and £10,000 for other eligible applicants.

The online form at www.sunderland.gov.uk/discretionaryform will guide candidates through the application process and prompt them for any information required.

They can also use the “contact us” function in the online form, email [email protected] or call (0191) 5611194 for further information.

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