Durham Business Recovery Grant Scheme

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Durham County Council has recently introduced a £5million Durham Business Recovery Grant Scheme, open to businesses in all Sectors located in County Durham.

The aim of the Scheme is to assist businesses with a credible plan to adapt and recover from the effects of COVID 19, but which require financial support in order to do so.  Grants are available for a minimum of £1,000.00 up to a maximum of £40,000.00 and the Scheme is able to contribute up to 75% towards eligible recovery plan costs.

There are a number of criteria to qualify for the Scheme, and businesses applying must be able to demonstrate that they:-

  • Have a large operational base but less than 250 employees in County Durham
  • Were established before 11th March 2020
  • A set up for profit and registered to pay tax
  • Use a business bank account
  • Can demonstrate a significant adverse effect from COVID 19
  • Can demonstrate solvency
  • Can outline a credible and costed recovery plan
  • Can fund their share of the recovery plan.

Businesses comprising Registered Charities, that provide local social welfare and community facilities, housing rental as part of a portfolio or public services or activities are not eligible to apply.

If you operate a business in County Durham that meets the above criteria you can find out more information about the Scheme at www.durham.gov.uk/businessrecoverygrant, or alternatively you can email a completed application form to dbopenenquiries@durham.gov.uk.

If you require advice or assistance in connection with any business matter please contact a member of our Commercial Team at any of our four offices.

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