Local Economy Business Grants

The government allocated funding for the council to distribute to local businesses under a local authority discretionary grants fund. The fund is aimed at small and micro businesses that were not eligible for the Small Business Grant or the Retail, Leisure and Hospitality Grant. 

Local authorities were asked to use their discretion to direct funding in order to best support their local economies. The council therefore agreed a policy on how to prioritise the allocation of these funds through a Local Economy Business Grants scheme.

The application window for this grant fund has now closed.

I have submitted my application. What happens next

We will process applications in the order in which they are submitted. If there are any queries about your application or the evidence you have provided the council will contact you to seek clarification. You will be asked to respond within a set timeframe.

Your application will either be approved or rejected. You will receive email notification following determination of your application.

We have now contacted most businesses with the outcome of their grant application.  If you have not heard from us but submitted an application, please email business@bromley.gov.uk quoting your application reference number.

Unsuccessful applications

If your grant application has been unsuccessful, you will receive an email which will explain which of the eligibility criteria the council has determined that you have not met. 

If you have any further questions about the application rejection, you can email business@bromley.gov.uk. 

View the appeal procedure for this grant

How much will I get?

The council sought applications from all eligible businesses before determining the level of grant to be awarded. The amount of grant awarded depended on annual turnover. 

Businesses with an annual turnover of under £500k have been awarded a grant of £10k.

Businesses with an annual turnover of over £500k have been awarded a grant of £25k.

Most eligible businesses will now have received payment of their grant by BACS, or will have been advised as to when they can expect payment.

Need help?

If you have any questions about your application, please contact us and a member of the team will get back to you as soon as we can.

Contact us about the Local Economy Business Grant