Apply for a Business Grant
We will be administering the local business grants on behalf of Government, you can find further info on these schemes here.
The Local Restrictions Support Grant (LRSG) will be made available to eligible businesses in the District that are impacted directly by the four week National lockdown. In a similar way to the Small Business Grant/Retail, Hospitality and Leisure Grant Funds which were delivered earlier this year, the grant will be available to rated operating businesses hereditaments (to qualify, a hereditament must be rated as of 05/11/20) that are required by law to close due to restrictions and will be eligible for the following grant payment:
- For properties with a rateable value of £15k or under, grants to be £1,334 per four weeks;
- For properties with a rateable value of between £15k-£51k grants to be £2,000 per four weeks;
- For properties with a rateable value of £51k or over grants to be £3,000 per four weeks.
The Government is also making provision for businesses that do not qualify for LRSG support, although the ‘discretionary’ element (the ‘Additional Restrictions Grant’) is unlikely to be available at this time. Further updates will be provided once the scheme has been approved.
All eligible businesses/hereditaments will be required to make new applications – applications to previous schemes will not be considered for the new funds. We expect that eligible businesses will be able to make an application for LRSG funding in mid to late November, with payments following (10 working days after successful application submission). Please note: these timescales are not definitive and subject to change.
For more detailed information, please consult the Government guidance (opens new window) and we will publish updates on this page.