Issue details

Discretionary Small Business Grant Scheme

Confirm that the Council will follow the Government guidance in disbursing its £0.57m allocation, invite applications from eligible businesses from 1 June for a 2 week period and subsequently approve making equal payments to all businesses that have applied successfully

Decision type: Key

Reason Key: Expenditure >£400,000 & Affects more than 1 ward.;

Decision status: For Determination

Wards affected: (All Wards);

Notice of proposed decision first published: 22/05/2020

Decision due: 29 May 2020 by Executive Member for Transformation & Finance

Lead member: Executive Member for Transformation & Finance

Lead director: Director: Finance

Department: Finance

Contact: Stuart McKellar, Director: Finance Email: stuart.mckellar@bracknell-forest.gov.uk Tel: 01344 352205.

Consultation process

Through discussion with Members whose roles are related to finance and small businesses (see below) and through representations from other Mombers

Consultees

Specifically the Executive Members for Transformation and Finance and Economic Development and regeneration plus the Small Business Champion, more generally all members

Making Representations: To the Director: Finance or Executive Member for Transformation and Finance

Financial Impact: There will be no financial impact on the Council if the amounts paid to businesses are within the level of the funding provided by Government (£0.57m). The process has been designed to ensure this is the case.

Document(s) to be considered: Government guidance published on gov.uk