Decision details

Additional Restrictions Grant Policy

Decision Maker: Cabinet Member for Economic Regeneration

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: Yes

Decision:

(Report of Chief Executive)

 

Following the successful distribution of its initial Additional Restrictions Grant (ARG) allocation ahead of the 31 July 2021 deadline, the Borough Council received an additional £1.054 million of ARG funding from Government to use to support local businesses as the economy moved towards a period of recovery.

 

An amended policy (attached at Annex 1) was presented for consideration and aimed to establish a focus on supporting those in the entertainment, leisure, activity, travel and tourism, events businesses and wraparound care sector by providing a small additional grant to businesses that had previously applied to rounds 1 and 2 of the ARG (Discretionary) Restart Grant or the Mandatory Restart Grant.

 

Following consideration by the Economic Regeneration Advisory Board, the Cabinet Member for Economic Regeneration resolved that:

 

(1)             the report be noted;

 

(2)             the proposed amended Additional Restrictions Grant Policy, set out at Annex 1, be agreed; and

 

(3)             the timescale for applications be opened as soon as possible (late September 2021)

Publication date: 03/09/2021

Date of decision: 01/09/2021

Decided at meeting: 01/09/2021 - Economic Regeneration Advisory Board

Effective from: 11/09/2021

Accompanying Documents: