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Bucks businesses access nearly £40m in grants

Nearly 3,000 business have secured funding.

Published by Scarlett Bawden-Gaul at 5:46am 16th April 2020. 3-minute read.

Bucks businesses access nearly £40m in grants

Buckinghamshire businesses have received a share of nearly £40 million of funding during the pandemic. 

At the pandemic continues Buckinghamshire Council have released £38.3 million in funding for local businesses. 

Around 2,900 local businesses and businesses in retail, hospitality and leisure sectors have received a share.

Cllr Martin Tett, Council Leader, said:

“Our business rates team are working tirelessly including over the Easter weekend to process applications and have made 2,900 grant payments so far with more arriving each day.

“Supporting businesses is a top priority for the council and we’re working closely with our local businesses to help them during this difficult time. We are determined to ensure eligible businesses are receiving the grants they are entitled to. And as they are grants, not loans, they do not need to be repaid.”

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The businesses the successfully applied for funding should see the grants arrive in their bank accounts over the next few days. 

New applications are arriving daily and the grants team are working to process these as quickly as possible. 

Rory Bartlett, Head of Operations, South East for Esquires Coffee, which has two coffee shops in Buckingham, told us:

“The help from the council has taken a huge weight off our shoulders and I can’t thank you enough. Buckinghamshire is one of six local authorities I am dealing with and I have to say you and the team have been head and shoulders more organised, better informed and more helpful above all the others.”

Although 2,900 successful application had been processed by Tuesday (14/04) end of day, it is believed that many more businesses are entitled to receive a grant. 

Any businesses that haven't applied yet are encouraged to look at the eligibility criteria on the Buckinghamshire Council Business Grant webpage.

The council also want it to be recognised these are grants and not loans, which means they do not need to be paid back.

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