A new grant has been announce to specifically help EXISTING businesses to allow them to diversify, add resilience, and / or aid effective recovery of the business. There is a separate grant potentially available for new businesses – click here for details on that grant.
The Business Diversification, Recovery & Resilience Grant can be used to fund up to 50% of the cost of specific items and services that are part of the initiative.
The purpose of the grant is to provide one off support to South Kesteven businesses in order to support initiatives from businesses to allow them to diversify, add resilience, and / or aid effective recovery of the business. This scheme is only open to business or non business rates registered businesses that meet the eligibility criteria as detailed on the PDF document.
Government has allowed Councils to exercise their local discretion in identifying businesses requiring support. South Kesteven District Council has decided to adopt these principles, and, in all cases, will only consider businesses for grants where all of the following criteria is met:
• Businesses that were established and trading on July 1st 2021
• Businesses that can evidence a severe impact upon their business during the pandemic
• The business must be located in the South Kesteven district