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<p>My Rt. Hon. Friend the Secretary of State for Business, Energy and Industrial Strategy
announced that up to £617 million is being made available to Local Authorities in
England under the Local Authority Discretionary Grants Fund (LADGF). This is in addition
to the £12.33 billion funding previously announced for the Small Business Grants Fund
(SBGF) and the Retail Hospitality and Leisure Grants Fund (RHLGF).</p><p>The data
return from Local Authorities of Monday 4th May 2020, which includes each Local Authority’s
assessment of eligible hereditaments for the Small Business Grants Fund (SMGF) and
Retail Hospitality and Leisure Grants Fund (RHLGF), is used as the baseline for calculating
the allocation of Discretionary Grant Funds for each Local Authority. The allocation
for each local authority is 5% on top of their estimated spend of the Small Business
Grants Fund (SMGF) and Retail Hospitality and Leisure Grants Fund (RHLGF). All 314
Local Authorities administering the scheme will receive a letter this week setting
out their guaranteed minimum allocation, giving them confidence to set up their local
schemes. If a Local Authority subsequently identifies and is able to fund more businesses
from the Small Business Grants and/or Retail Hospitality and Leisure Grants Fund than
they identified in their data return of the 4<sup>th</sup> May, we will increase their
5% allocation.</p><p>Guidance, intended to support Local Authorities in administering
the Discretionary Grants Fund, was published 13<sup>th</sup> May.</p><p>Guidance here:
<a href="https://www.gov.uk/government/publications/coronavirus-covid-19-guidance-on-business-support-grant-funding"
target="_blank">https://www.gov.uk/government/publications/coronavirus-covid-19-guidance-on-business-support-grant-funding</a>.</p><p>This
will not replace existing guidance for the Small Business Grant Fund (SBGF) or the
Retail Hospitality and Leisure Grant Fund (RHLGF).</p><p>Guidance here: <a href="https://www.gov.uk/government/publications/coronavirus-covid-19-business-support-grant-funding-guidance-for-businesses"
target="_blank">https://www.gov.uk/government/publications/coronavirus-covid-19-business-support-grant-funding-guidance-for-businesses</a>.</p>
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