Further financial boost for borough businesses
Nearly £500,000 of business support grants have been awarded to small businesses throughout Epsom and Ewell in the last week, following swift action by the borough council.
67 businesses shared £491,000, with awards made through a fair formula based on each business' fixed property costs. The money was provided by the government under a discretionary grant scheme. With a large amount of freedom over how to distribute the funds, Epsom & Ewell Borough Council developed a simple, transparent, set of criteria to ensure that all awards were fairly made.
These latest awards will mean that, since April, the Council will have paid out 794 individual grants to local businesses totalling £10.4 million.
Councillor Eber Kington, Chairman of the Strategy and Resources Committee at Epsom & Ewell Borough Council, said:
“Yet again, we have proved that we can act effectively to get financial support where it's needed the most.
"The council is taking a central role in the recovery of our local economy. We are doing everything we can to help our businesses reopen and grow to be even stronger than before.”
These government grants were promoted on this website, social media and through our Business Brief e-newsletter. To receive future editions, please sign up - for free - on our Doing Business page.