Grant Fund closes after paying out £2.76m to small businesses in North Norfolk

Date published: 26th September 2020

The North Norfolk Discretionary Grant Fund has now closed after paying out the full allocation of £2.76m in Government funding to small and micro businesses in the District.

The Fund, which was aimed at a wide range of small businesses operating in sectors such as hospitality, leisure or events and included market trading, day-care nurseries, pubs and hotels.

On top of previous North Norfolk District Council grant schemes, a further 221 businesses were awarded funding that would have been missed by previous grants, providing a vital support for some heavily affected sectors.

Cllr. Richard Kershaw, portfolio holder for Business and Economic Development said:

“Once again Council Officers have gone the extra mile to devise and fulfil the successful completion of a Grant Scheme to help businesses during this difficult time.

We will continue to engage with businesses to help them overcome difficulties as COVID-19 continues.”

One local employer in the district who benefitted from a grant said:

“I would also like to thank the Team for this award as it will go a long way to securing jobs and local suppliers.”

Another small local business commented:

“it will certainly ease some financial pressure and enable us to maintain our staffing levels in these difficult times.”

A regular market trader fed back:

“It will make such a difference and will make this year much easier to cope with.”

North Norfolk District Council has now paid out over £55m to businesses in North Norfolk.