The Head of Regeneration and Economic Development introduced the report and explained how the scheme would be delivered for businesses adversely affected by the pandemic. The deadline for awarding the grants was 31 March 2022, and following further allocations since publication of the report, the funding remaining was £240,000. Letters of thanks were appended to the report from businesses who had benefited from the Maidstone Business Boost.

In response to questions, the Head of Regeneration and Economic Development explained that businesses were required to re-complete paperwork for the second round of funding due to strengthened checks put in place, and would also capture any change in circumstances since the initial bid for funding was submitted.

RESOLVED: That

1.  The progress on the delivery of the Additional Restrictions Grant Scheme be noted;

2.  The Government’s additional funding allocation, announced in December 2021, to support businesses severely impacted by the Omicron variant, be noted; and

3.  The team be thanked for their work throughout the pandemic to effectively support local businesses through their efficient administration of the grant schemes.