As part of its response to the disruption caused by COVID-19, Central Government has announced funding and outline guidance for the distribution of a Local Authority Discretionary Grant Fund scheme (LADGF). A national fund of £617m has been distributed among local authorities.
Local authorities are responsible for delivering grants to eligible businesses and have discretion over the design and implementation of their local scheme. However, Government has stipulated some national criteria for the scheme, and stated that the fund is aimed at small and micro businesses that are ineligible for the Small Business Grant Fund or the Retail Hospitality and Leisure Grant Fund.
Applications for funding under Phase 1 of the DBC Discretionary Grant Fund were invited for a two-week period from 8 June 2020. In line with the original Portfolio Holder Decision published on 3 June, (http://www.dacorum.gov.uk/home/council-democracy/portfolio-holder-decisions/decisions-2020) a second phase of funding is now proposed to award the remaining funds.
Decision type: Key
Decision status: Recommendations Approved
Notice of proposed decision first published: 07/08/2020
This decision will be taken under urgency procedures.
Decision due: 19 Jun 2020 by Portfolio Holder for Community Leadership, Portfolio Holder for Place, Portfolio Holder for Corporate Services
Contact: James Deane, Corporate Director - Finance and Operations Email: James.Deane@dacorum.gov.uk.