Decision details

To note the award of grants made under the Local Authority Discretionary Grant Fund Scheme for Fareham Borough Council.

On 2^nd June 2020, the Executive Member for Policy and Resources approved a local scheme for the award of grants to businesses, as part of a wider support package announced by Government for businesses struggling with the impact of the COVID-19 pandemic.

The local scheme allows for grants of up to £5,000 to be awarded under delegated authority by the Deputy Chief Executive Officer, and grants above this amount and up to £10,000 to be awarded by the Executive Member for Policy and Resources.

The applications for grants under the scheme have been assessed, and are summarised below:-

RESOLVED that the Executive notes:-

(a)   the grants of up to £5,000, paid under delegated authority to 43 businesses, totalling £145,000 as set out in Appendices A;

(b)   the schedule of grants exceeding £5,000, totalling £552,500, that has been considered by the Executive Member for Policy and Resources, as set out in Appendix B;

(c)   the schedule of grants which are subject to satisfactory evidence or explanations being received, totalling £70,000, that has been considered by the Executive Member for Policy and Resources, as set out in Appendix C;

(d)   the proposal considered by the Executive Member for Policy and Resources that the regular traders at the Portchester and/or Fareham markets, as listed in Appendix D, are paid a total grant of £2,500 each in instalments; and.

(e)   the proposal considered by the Executive Member for Policy and Resources that the balance of funding to be used to award grants of up to £5,000, using the existing scheme details, until the funds are fully utilised.