Huntingdonshire District Council has successfully and quickly paid out additional top-up payments to local businesses, totalling £958,000. These top-up payments have been made to 466 local businesses that have been identified following a review of the existing government discretionary business grant schemes in place.
To date, we have paid out over £54 million worth of grants through over 11,500 payments to businesses across all government grant schemes, the most recent being the Enhanced Additional Restrictions Grant scheme, launched on Wednesday 12 May 2021. Following a month of applications, and total payments of £606,000 to 75 businesses, the remaining government funding has been distributed across successful applicants of eligible businesses to provide a further support grant. This payment is a top-up on what those businesses have previously received from the earlier ARG, ARG Extension and Enhanced ARG schemes.
Executive Leader of the council, Councillor Ryan Fuller, said: "With funding remaining in the government’s Enhanced ARG funding pot, we made the decision that best supports the Huntingdonshire economy by quickly and efficiently distributing the remaining funds directly into the hands of local businesses.
"Now that the funding has all been distributed, it allows Huntingdonshire to access further business support funding from the government in the coming months, enabling the District Council to provide further much needed and well received support to Huntingdonshire’s businesses."