Council to launch one-off grant for Stockport micro-businesses not previously in scope for Government Covid-19 business grant support

Businesses that have so far not qualified for financial grant support during the national restrictions put in place since 04/11/2020 will be able to apply to Stockport Council for a one-off grant payment of up to £1,000.

Specifically aimed at micro-businesses without separate business premises, the new grant scheme will look at providing support for ongoing business-related overhead costs only. The scheme will not provide a wage subsidy or cover any expenses normally required to run a home, such as utilities.  

Qualifying businesses are encouraged to apply as soon as the applications open this Thursday morning, February 11^th, at 9am for grants of between £200 and £1,000. Grant levels awarded will be based on the amount of qualifying ongoing business cost overheads that are appropriately claimed and evidenced.

The fund is capped at £1 million and will be processed on a first-come-first-served basis until the funds run out. It is vital that businesses fully complete their applications and submit all evidence required as incomplete or incorrect applications will be rejected and businesses will have to reapply and consequently will be further down the list of applicants seeking to access the limited funding.  

Applications will be online via Stockport Council’s website and further information about the scheme with the link to the application will be published in the next two days.