Driving instructors, mobile hairdressers and beauticians among small businesses in South Tyneside set to benefit from extra covid cash
South Tyneside Council has set up a Small Business Hardship Grant Fund to help those small businesses which aren’t eligible for funding from Central Government’s Covid-19 financial support schemes to date.
Funded by the council’s Additional Restrictions Grant allocation from central Government, this is now being extended for businesses which provide in person face-to-face services which have had to close and were not eligible for the main Small Business Hardship Grant.
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Hide AdThis includes driving instructors, mobile hairdressers and beauticians.
Council chiefs said those applying must be able to demonstrate hardship as a result of a significant impact on their business due to the Coronavirus pandemic.
John Scott, head of economic growth at the council, said: “There is a limited amount of funding available so not all businesses applying will receive a grant.
"However, I would encourage people to check the eligibility criteria carefully and apply if they think they meet them.”
Businesses who can show ongoing business-related fixed costs (excluding wage costs) amounting to a minimum of £100.00 per month will receive a grant of £1,000.
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Hide AdThose who can demonstrate ongoing business-related fixed costs (excluding wage costs) amounting to a minimum of £200.00 per month will receive a grant of £2,000.
Who is eligible?
:: Sole traders, limited companies and limited liability partnerships demonstratintg a significant drop of income due to coronavirus restrictions
:: They must be based in South Tyneside and employ fewer than ten people
:: The business must provide in-person face-to-face services and have been mandated to close by local or national restrictions.
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Hide Ad:: Businesses currently trading (or would be if restrictions were not in place) that were trading before March 2020
:: They should be able to demonstrate ongoing business-related fixed costs (excluding wages) amounting to a minimum of £100 per month
:: They must have a business bank account or be able to demonstrate business transactions from a personal bank account;
:: They must show they have been unable to access other grant schemes
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Hide AdThese include including Local Restrictions Support; Additional Restrictions; Retail, Hospitality and Leisure; Local Authority Discretionary (Small Business Recovery Fund); Christmas Support Payment, Closed Business Support Payment and Small Business Hardship (main).
:: On-line applications are now open at www.southtyneside.gov.uk/business For more information call the Business Support Hub on (0191) 481 3456 or email [email protected]