Local Authority grant allocations – money yet to be distributed

BEIS has published updated data on the allocation of Restart Grants to each local authority (LA) in England, as well as updating the data on how much of previous allocations each local authority has distributed to businesses in their area.

Previously, many of the local authorities had distributed very little ARG funding and Government has encouraged them to distribute these grants as soon as possible.

The new figures, which are to 1 March 2021, show that many local authorities have significantly increased the allocation of ARG funding. However, there’s a significant number of local authorities that had still not allocated most of their ARG funding. Some examples include:

  • Stratford upon Avon – distributed just 2% of the £3.8m that they have received from Government
  • Medway distributed just 1.5% of the £8.0m that they have received from Government

While these LAs may well have significantly increased their distribution of ARG funding since 1 March 2021, it remains evident that some local authorities need to do more to ensure that they allocate their ARG allocations before the 30 June deadline.

More about local authority grants for small and medium sized businesses can be found here.