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New grant available for struggling businesses

Published: 7 October 2021

New grant available for struggling businesses Grants

Businesses in Exeter still suffering from the effects of the pandemic may be able to apply for additional funding.

The City Council has launched a new grant – the Exeter Business Exceptional Hardship Fund.

The aim of the Fund is to make a contribution to the survival of viable Exeter businesses that have been directly impacted by Covid-19 and associated government restrictions and to help them to stay open and continue to serve their customers.

Cllr Ruth Williams, Lead Councillor for Supporting People said the City Council was committed to supporting the local business community.

“After speaking with business groups from across the city, and from businesses getting in touch direct, we decided to launch a new grant for businesses that are sadly still suffering from the effects of the pandemic. 

“If a business is suffering from exceptional hardship, we encourage them to get in touch so that an application can be forwarded to them.  Each application is dealt with on a case-by-case and first-come, first-served basis, so once the fund has been allocated to businesses, there are no further grants available. Please do get in touch.”

Examples of the type of unavoidable business costs that may be causing exceptional hardship could be:

  • Premise costs – rent, mortgage, insurance, maintenance
  • Materials
  • Transport
  • Non-government supported staff costs
  • Normal ongoing payments on equipment and assets
  • Unavoidable maintenance of assets
  • Finance costs
  • Business utilities – energy costs, Wi-Fi etc.

To request an application please email economy@exeter.gov.uk

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