This is how much Blackpool, Wyre and Fylde businesses received in Covid-19 grants from councils
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At a Blackpool, Fylde and Wyre Economic Prosperity Board meeting held yesterday (September 16), local authorities discussed how each area had responded to the Covid-19 pandemic.
Between Wyre, Blackpool and Fylde councils, over £95.5 million was paid out in Government grants to Fylde coast businesses.
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Hide AdChancellor Rishi Sunak announced on March 11 the Government would provide a small business grant fund to deal with the financial impact of the coronavirus.
On March 17, the small business grant was increased from a one-off payment of £3,000 to £10,000.
This was followed by a separate grants fund for businesses in the retail, hospitality and leisure sector, and a discretionary grants fund for businesses which were not eligible for the former two grants.
Businesses in receipt of the retail, hospitality and leisure grants received £10,000 if its rateable value was deemed to be £15,000 or less, and £25,000 for rateable values between £15,000 and £51,000.
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Hide AdAll three grants were stopped by central Government on August 28.
Here is how many businesses received grants, and how much money each council paid out between March and August:
Blackpool Council
Blackpool Council received £59 million from the Government on April 1, the report showed.
A council spokesman said it faced the challenge of getting "money out the door as quickly as possible, recognising that many businesses were becoming increasingly desperate for support."
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Hide AdA total of 4,154 businesses received a grant from the council, which paid out a total of £47.17 million.
884 businesses applied for a discretionary grant, 219 of which were awarded it.
Fylde Council
A total of 1,734 businesses in Fylde received a grant.
Fylde council paid out a total of £19,111,250.
Wyre Council
2,480 businesses in Wyre were awarded a grant from the council.
It paid out a total of £28,254,000 in grants.