Decision details

Discretionary Business Grant Policy

Decision Maker: Head of Place and Commercial Services

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: No

Purpose:

To approve the policy for how applications for Discretionary Business Grants will be determined.
The policy was drafted in response to the Government’s announcement that Council’s would be able to award grants to businesses not already covered by an existing funding stream linked to the impact of the Covid 19 lockdown. All local authorities across Devon contributed to the development of the policy, which also allowed for local variations depending on the types of business in their area. Without a policy in place there was a risk that the funds would not reach enough businesses in need of the financial support.

Alternative options considered:

Using the criteria set for the grants to cover business rates, but not all businesses have fixed property and had fallen through the gaps.
Use a ‘first come, first served’ approach, but this would be based on speed of response rather than need.

Publication date: 10/06/2020

Date of decision: 05/06/2020