City Council urges businesses to claim funds

City Council urges businesses to claim funds

Bondholder Derby City Council is urging the city’s businesses to check if they have submitted a claim from the £47 million financial support and relief Covid-19 pandemic package.

Around 3,900 businesses are eligible to receive grants of either £10,000 or £25,000 yet to date, 1,000 companies have failed to submit.

A £10,000 grant is available to small business who on Wednesday 11th March 2020 had a rateable value up to £14,999 and were either eligible for small business rate relief or were in the retail, hospitality and leisure sectors.

A £25,000 grant is available for businesses who on the same date had a rateable value between £15,000 and £50,999 and were in the retail, hospitality and leisure sectors.

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