If you are a Boston Borough business that has been able to open during the National Lockdown from 5th November to 2nd December 2020 but have suffered a significant loss in income due to Covid-19, you can apply for the Additional Restrictions Grant (ARG) – Open Impacted.
The grant is now open to applicants and will close at 5pm on 12th February 2021.
The Open Impacted grant is available for any business that does not qualify for a LRSGC grant that can prove they have been significantly affected as a consequence of the National Lockdown. This will include businesses for example that have not been required to close that provide products and services to the retail, hospitality, and leisure sectors
Open businesses that are applying for ARG (Discretionary) funding will be required to make a statement that confirms their eligibility. The council places responsibility on the applicant to agree that their statement is correct to the best of their knowledge. In addition, businesses that are not required to close will need to provide evidence that they were negatively affected by the lockdown. This will be in the form of banks statements and other supporting evidence to show year on year losses e.g. November 2020 lockdown verses November 2019, fixed costs, rental payments.
In order to be eligible for funding from the Additional Restrictions Grant Fund, businesses must not be eligible for funding from any other central government scheme for the November lockdown period.
Businesses who have applied for the Coronavirus Job Retention Scheme or the Self-Employment Income Support Scheme (SEISS) are eligible to apply for this grant funding.
Your business must have been trading on 4th November 2020.
Companies that are in administration, are insolvent or where a striking-off notice has been made are not eligible for funding under this scheme.
Businesses must not have already received grant payments that equal the maximum levels of State aid permitted under the de minimis and the Covid-19 Temporary State Aid Framework.
A flat rate grant of £1,334 will be paid for the period 5th November 2020 to 2nd December 2020. Businesses are required to submit evidence in order to verify their eligibility and to support their case for funding.
Councillor Jonathan Noble, Portfolio Holder for Finance at Boston Borough Council, said: “I am pleased that we’ve been able to open the application process for yet another round of Government grants. I am sure it will be very much welcomed by our local businesses that are being significantly impacted by the Pandemic.”
For more information and to apply for this grant please visit https://www.mybostonuk.com/additional-grant-open-impacted/