Wirral Council has opened the next round of discretionary funding to support local businesses with cash grants, after it was awarded £2.6m by the Government.
Applications are open to eligible market traders, B&Bs, charities, businesses in shared spaces, and other small businesses who missed out previously. As demand is expected to be high, grants will be capped at £10,000 with most successful applicants expected to receive awards of less than £10,000.
Councillor Janette Williamson said: ‘Having already been able to distribute more than £46m in grants to Wirral businesses, we are pleased to have an additional £2.6m to allocate but it will be a challenge to make this amount stretch to support all those businesses we know need our help right now.’
Businesses have until Friday 19 June to apply, so the Council is encouraging applications as soon as possible. Eligible businesses will need to have a registered ‘MyWirral’ account and provide copies of the following, where applicable:
- Occupancy agreements
- Bank statements
- Other evidence of commercial business property costs:
- VAT registration number (if applicable)
- Company registration number (if applicable)
- Charity registration number (if applicable)
- Council Tax account number (for B&Bs)
- Business Rates account number (if applicable)
- Plus, details of
- Business turnover (income/takings)
- Business property related costs e.g. rent, mortgage
- Business income during April 2020, and income for an average month prior to COVID-19
- Number of staff your business employs
- Business bank account name, account number and sort code
‘It’s so important that this funding has become available’ says Lee Pennington, Founder of Wirral charity Open Door Centre. ‘Ourselves and many organisations have not met the eligibility for the grants so far, but if we receive this grant it will help us to mitigate the risk posed by the virus and continue to thrive’.
For further information, visit wirral.gov.uk/financialaid