Business grants July 2020

Ryedale District Council gives out nearly £24 million in COVID-19 business grants

Ryedale District Council has handed out nearly £24 million in business grants to support local businesses throughout COVID-19.

The District Council has processed 100% of the grant applications received from businesses, putting Ryedale in the top 25 of councils for speed of processing grants.

A number of grants were announced by the Government to help businesses struggling because of the global pandemic.

The first, was the Small Business Grant Fund. This scheme was for businesses in receipt of small business rate relief, retail relief and rural rate relief, enabling them to claim £10,000 in grant funding to help them to stay afloat during the lockdown period.  The second, the Retail, Hospitality and Leisure Grant Fund, offered a grant of up to £25,000 for retail, hospitality and leisure businesses with a rateable value of between £15,000 and £51,000.

Both of these grants closed on 28 August, with Ryedale District Council handing out over £22.8 million, benefitting 1935 businesses.

Next, was the Discretionary Business Grant, for those businesses who had previously missed out on support. Three rounds of this grant were launched to help a range of businesses across the district. The scheme closed on 19 August and over £1.1 million supported over 165 businesses.

Councillor Keane Duncan, Leader of Ryedale District Council, said:

“In total, over 2100 individual businesses have received the support they’re entitled to, helping them to stay afloat and protect jobs. I’m immensely proud of what Ryedale District Council has achieved for local businesses during COVID-19. A huge amount of work has gone on behind-the-scenes to develop and manage all of the schemes, supporting lives and livelihoods at a time help was most needed.

“Not only have our employees got the grant money out of the door at a fast pace to those businesses in need, but they’ve also handed out over 490 back-to-business kits, with a dedicated ‘Town Centre’ team set up to help our businesses recover and come back stronger.

“The District Council also stepped up by offering a pioneering scheme to support businesses in the area with free membership to the Federation of Small Businesses. Finally, the council’s specialist business team has dealt with hundreds of enquiries to answer specific problems.

“Businesses in our district still need our help and it’s vital that citizens support them, by shopping local to save jobs.”   

If any business needs further support, they can contact business@ryedale.gov.uk

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