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Wednesday, 20 October 2021

Central Bedfordshire Council pays out nearly £8.4m in top-up payments to local businesses


Central Bedfordshire Council (CBC) said it has paid close to £8.4m in Additional Restrictions Grant (ARG) payments to local businesses.

The top-up payments were made to over 850 businesses who previously received an Additional Restrictions Grant (ARG) 1, 2 or 3.

CBC said it has paid out over £80 million in grants in over 11,000 separate grant payments to more than 5,000 businesses since March 2020 when the pandemic began.

Now that all funding has been distributed, the Council said it can access further business support funding from the Government in the coming months.

Executive member for corporate resources, councillor David Shelvey, said:

“We are delighted to have spent our full funding allocation from the Government to be able to further support local businesses. We are working on a new scheme for July that will recognise more sectors eligible to access financial support. This summer is key for businesses reopening as they navigate a new normal.”

Details on a new business grants scheme will be published on CBC’s website later in July.

John Guinn
I am the editor of The Flitwick Chronicle. This is an independent, local news service based in Bedfordshire. The Chronicle provides local news that is investigative, inclusive and relevant to the residents of Flitwick.

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