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Coronavirus Business Grants Update

Business Grants

Following the announcement by the Prime Minister on 22 February, the Government has confirmed the next round of funding to cover the period 16 February 2021 to 31 March 2021.  If you have already applied for a Grant from 5 January 2021 there is no need to re-apply.

Eligible businesses that qualified for the first grant for the period 5 January to 15 February will automatically be included in the next round of funding. We anticipate that the first payments will be made by Mid-March.

 

  • The value of these grants has been set by Central Government: 

For the period 5 January 2021 to 15 February 2021 (42 days)

  • For properties with a rateable value of £15,000 or under:  £4,000 one off payment plus £2,001
  • For properties with a rateable value of £15,001 and less than £51,000: £6,000 one off payment plus £3,000
  • For properties with a rateable value of £51,000 and over: £9,000 one off payment plus £4,500

For the period 16 February 2021 to 31 March 2021 (44 days)

  • For properties with a rateable value of £15,000 or under:  £2,096.00
  • For properties with a rateable value of £15,001 and less than £51,000: £3143.00
  • For properties with a rateable value of £51,000 and over: £4,714.00

Please do not contact the Council regarding the expiry of the time limited element of the business support grant as officers will not be able of offer any update; and are currently exceptionally busy processing business support grant applications.

Keep an eye out for updates on our website and social media pages!

24 February 2021