Change of criteria means more Bedford businesses can apply for Covid support grant

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More businesses in Bedford affected by the coronavirus pandemic may be eligible for a discretionary business support grant after new criteria was added.

Previously, businesses were only eligible for assistance if they had rent or mortgage costs of less than £51,000. This has been extended to costs of less than £100,000 to help more local businesses.

Bedford Borough Council is urging any businesses that may be eligible for the government grants to get in touch before the deadline on Friday 28 August.

The Council has received hundreds of applications for the grants, after the Government  allocated £1.6 million to the Borough Council for the business support scheme.

You may be eligible for a discretionary grant if you:

Have experienced a significant reduction in income due specifically to the coronavirus measures, and
Have fixed costs in respect of business premises located within Bedford Borough, and
Have rent or mortgage costs of less than £100,000 per year, and
Are small or micro businesses or are charities or similar not-for-profit

Cllr Michael Headley, Portfolio Holder for Finance said “Our team is working really hard to process all the applications we receive, and support as many local businesses as possible.

“The Government has imposed a strict deadline of Friday 28 August for applications to be received and this is the last chance for businesses to apply for a grant. If your business fits the new criteria for the scheme please get in touch with the Council as soon as possible- before Friday 28 August- to apply for this grant funding.”

Find out more and fill in the form at www.bedford.gov.uk/bsg

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