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New business lifeline for the Bay’s self-employed community

We Are South Devon by We Are South Devon
February 2, 2021
in Business News
New business lifeline for the Bay’s self-employed community

Businesses run by self-employed people in the Bay are now eligible for a COVID grant to help pay their business bills, under new criteria set by Torbay Council.

Taxi drivers, web developers, tradespeople, early years and childminder settings, and driving instructors are amongst many businesses not previously funded under national COVID grant schemes.

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Responding to this, Torbay Council has developed its own funding criteria to help our smallest of businesses. Eligible businesses can claim the grant by evidencing fixed ongoing costs such as van lease, website costs or insurance.

Torbay Council Leader Steve Darling said: “It is vital we support our business community in every way we can and our new discretionary grant provides a lifeline for the Bay’s smallest of businesses, not available under national government funding criteria. I will continue to find any way I can to support those most critically in need throughout this terrible time.”

Torbay Council Deputy Leader, Darren Cowell, said: Businesses run by self-employed people are often the least visible, yet are essential to our economy. Creative businesses, childminders, tradespeople and taxi drivers, have all suffered the impact of the pandemic, and have costs they still need to meet without enough money coming in. This grant along with the £8 million in grants we have already paid out, is another critical step forward to safeguard our local economy.”

Any businesses that hasn’t done so already, is urged to check their eligibility on our website www.torbay.gov.uk/businesses-financial-support and apply before 31 March 2021.

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