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SECOND ROUND OF THE DISCRETIONARY BUSINESS GRANT FUND FOR SMALL, MEDIUM AND MICRO BUSINESSES -VERY SHORT DEADLINE

Source: https://www.business-ready.co.uk/2020/07/14/more-business-support-funding-available-now/

1. Title: SECOND ROUND OF THE DISCRETIONARY BUSINESS GRANT FUND FOR SMALL, MEDIUM AND MICRO BUSINESSES -VERY SHORT DEADLINE2. Awarding Authority: Coventry City Council, PO Box 15, Council House, Coventry, GB, CV1 5RR. Email: discretionary.grant@coventry.gov.uk. Web: 3. Contract type: Service contract4. Description: Businesses that have not been eligible for previous Government COVID-19 related support schemes are invited to apply for the Council’s second round of the Discretionary Business Grant Fund. Over £1.3m has already been distributed to local businesses during the first round.Small, medium and micro businesses based in Coventry have until 5pm on 17 July to apply. Businesses can apply for the funding online. Grants will be awarded on a first come first served basis. 5. CPV Code(s): 85320000, 980000006. NUTS code(s): UKG, UKG3, UKG337. Main site or location of works, main place of delivery or main place of performance: Coventry.8. Reference attributed by awarding authority: Not provided.9. Estimated value of requirement: Not provided.10. Round 2 Deadline: 17.7.2020 (17:00).11. Address to which they must be sent: For further information/documentation regarding the above contract notice please visit : 12. Other information: EligibilityFollowing Government guidance that was released on 13 May 2020 Local Authorities are being asked to make funding available primarily to businesses in the following categories:Businesses in shared offices or other flexible workspaces. (Examples could include units in industrial parks, science parks and incubators, which do not have their own business rates assessment).Regular market traders who do not have their own business rates assessment.Bed and breakfasts which pay Council Tax instead of business rates.Charity properties in receipt of charitable business rates relief, which would otherwise have been eligible for Small Business Rates Relief or Rural Rate Relief.Coventry City Council is also keen to provide support for businesses in the following local target sectors, and will make slightly larger grants available to these businesses:Business in the hospitality, leisure, retail, cultural and creative sectors which were ineligible for the grant funding previously availableIndependently owned manufacturing businesses (employing less than 250 employees) which have suffered a significant drop in income due to COVID-19 pandemic and have a plan to reopen as part of a new resilient supply chain for industry when the economy opens up All businesses which apply should meet the following criteria:Businesses with fewer than 250 employeesSmall, medium or micro (turnover less than £50 million)Have relatively high ongoing fixed property related costsBusinesses must occupy property, or part of a property and this property must be in Coventry.Businesses should demonstrate that they have suffered a significant fall in income due to the COVID-19 crisisBusinesses were trading on 11 March 2020.Not be in receipt of other central government COVID-related grants (Small Business Grant Fund; Retail, Hospitality and Leisure Grant Fund – more detail below)TKR-2020714-EX-1403567# funding opportunity# COVID-19