New Covid grant for Stockport's 'micro-businesses' is now open to applications

Businesses that have so far not been able to access support can apply for the grant

Stockport Council is to launch a one-off payment grant for the borough’s micro-businesses that have not previously been eligible for the Government’s Covid 19 business grant support schemes.

Businesses that have so far not qualified for financial grant support during the national restrictions put in place since November 4, will now be able to apply for a one-off grant payment of up to £1,000.

This grant is 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/broadband.

Grants between £200 and £1,000 will be available.

Grant levels will be based on the amount of qualifying ongoing business cost overheads that are claimed and evidenced.

The fund is capped at £1m and will be processed on a first-come-first-served basis until the funds run out.

It is vital that businesses complete their applications and submit all evidence required.

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 are now open