Medway residents who are self-employed may be eligible for further financial support during the ongoing coronavirus pandemic.
The government has updated the eligibility criteria for the discretionary grant fund so individuals who are eligible for the Self-Employment Income Support Scheme (SEISS) can also apply for a discretionary grant.
Medway Council is committed to continuing its support for residents and businesses, and the extension to the Local Authority Discretionary Grants Scheme is another measure put in place to protect the economy.
Medway residents who are self-employed and eligible for this funding are encouraged to apply. The council will be granting funding of up to £10,000 to those who meet the criteria. Funding will be prioritised in line with government guidance, including:
- have been eligible for a grant from the Self-Employment Income Scheme (SEISS).
- have ongoing fixed building related costs.
- have suffered a significant income loss due to coronavirus.
- occupy a property, or part of a property, with a rateable value, or annual rent or mortgage payments, below £51,000.
'Determined' to support local businesses
Cllr Alan Jarrett, Leader of Medway Council, said: “I am pleased there are a number of government grant schemes available to support businesses and the self-employed during the ongoing coronavirus pandemic. I would encourage all eligible business owners who are experiencing financial difficulties to apply for the funding available and Medway Council will be making payments to support our residents. Medway’s economy is worth more than £5billion and we are determined to support local businesses as much as we are able to protect our economy and local job opportunities.”
Deadline to apply
Applications for the Self-Employment Income Support Scheme are open until 5pm on Sunday, 14 June.
Medway Council will be making payments to successful applicants from early July onwards.