During the third national lockdown we have distributed almost £3 million in another round of vital funds to support local businesses.
A total of £2,846,906 has now been released to businesses across the Borough through a range of government schemes aimed to help companies impacted by the recent lockdown.
Our Economy Team have been responsible for processing applications through different grants and ensuring business owners receive the financial support that they are entitled to.
Many of these payments became available again during the previous period of national restrictions in November and were extended due to some of the businesses remaining closed.
The Council’s Cabinet Member for Economy Councillor Derek Pretty said: “We’re really pleased to be able to continue to support as many of the businesses in our Borough as we can through this third national lockdown. Our team has been working hard to ensure that all applications are processed and that people receive the vital funding available to them. We appreciate how hard this has been for all of our local businesses and we hope these grants will help to protect Eastleigh Borough’s economy.”
Since the beginning of the pandemic we have processed payments for businesses of all sizes across the Borough. Through discretionary grants, business rates grants, local restriction closed addendum, wet-led pubs, local restrictions support grant closed scheme and additional restrictions discretionary scheme, we have now distributed over £18 million in total.
We're encouraging business owners to still apply for any of the schemes they think they might be entitled to as we want to ensure all of the available funds are allocated.