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<p>Across the COVID-19 business grant schemes South Tyneside Council was allocated
£59.8 million. Of this £51.5 million was reported as disbursed to eligible businesses
with £8.3 million due to be returned to BEIS at the end of scheme reconciliation.</p><p>
</p><p>Initial funding allocations were based on estimates of the eligible local business
population, with local authorities required to return unallocated funding to BEIS.
Further allocation and spend data for each scheme, including guidance on the methodologies
of the initial allocations, can be found at <a href="https://eur02.safelinks.protection.outlook.com/?url=https%3A%2F%2Fwww.gov.uk%2Fgovernment%2Fpublications%2Fcoronavirus-grant-funding-local-authority-payments-to-small-and-medium-businesses&data=05%7C01%7CSophie.Wild%40beis.gov.uk%7Cce888d0437544145c9f108daf30f5005%7Ccbac700502c143ebb497e6492d1b2dd8%7C0%7C0%7C638089544327210823%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C3000%7C%7C%7C&sdata=HtrbSUzRUq3852Q6MNYoRhfFe0ORJ7pH23litqomTj4%3D&reserved=0"
target="_blank">https://www.gov.uk/government/publications/coronavirus-grant-funding-local-authority-payments-to-small-and-medium-businesses</a>.</p>
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