Up to £25k grants for Bedford’s small businesses now available on Council website

Bedford's Old Arcade
Visitors to the Edwardian Arcade in Bedford can park in the short-term bays to visit many of Bedford's independent shops

Small business owners affected by the on-going coronavirus outbreak can now apply for a business support grant on the Council’s website.

The Government has announced a range of grant funding – up to £25,000 – for certain businesses that meet the qualifying criteria.

To help local businesses apply for this money, Bedford Borough Council has set up an online form.

To qualify the business must occupy a business property that has a rateable value of less than £51,000 and either:

  • Receive small business rate relief or rural rate relief; or
  • Be a retail, hospitality or leisure business

The support for businesses also includes a 12-month business rates holiday for all retail, hospitality, leisure and nursery businesses, as well as the small business grant funding for those who receive small business rate relief or rural rate relief; and grant funding for retail, hospitality and leisure businesses with a rateable value under £51,000.

Mayor Dave Hodgson said, “We know that businesses across the country are struggling, and we want to make it as easy as possible for businesses in our Borough to access the support that the Government is providing.

“We have already had nearly 100 businesses apply for funding, and we would encourage every single business that is entitled to this support to get in touch using the form on our website.”

“Any business having difficulty paying their business rates bill should contact the Council’s Business Rates team for further advice”.

The Chancellor of the Exchequer is expected to announce a much-anticipated package of measures to support self-employed people this afternoon.

Further information and the form can be accessed at www.bedford.gov.uk/covid19business

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