Who is it aimed at?
- The retail, hospitality and leisure sectors.
What is the grant?
- A one off grant on a per property basis.
- This is in addition to the grants received through the Strategic Business Framework Fund (SBFF).
- £25,000 for larger hospitality businesses on top of the 4-weekly £3,000.
- £6,000 for smaller hospitality businesses on top of the 4-weekly £2,000.
- £9,000 for larger retail and leisure businesses on top of the 4-weekly £3,000.
- £6,000 for smaller retail and leisure businesses on top of the 4-weekly £2,000.
Criteria?
- A business is forced to close due to Government imposed Covid-19 restrictions.
- Larger hospitality businesses are those with a rateable value of £51,001 or more.
- Smaller hospitality businesses are those with a rateable value of £51,000 or less.
- Larger retail and leisure businesses are those with a rateable value of £51,001 or more.
- Smaller retail and leisure businesses are those with a rateable value of £51,000 or less.
How to apply?
- Businesses that haven’t yet applied for either this or the SBFF should submit an application as soon as possible through their local authority website.
- Those businesses that have already applied for the 4-weekly payment from the SBFF will get an automatic top-up.
- For the majority, this top-up will be combined with the next tranche of payment for the Strategic Framework Business Fund due to go to businesses on 25 January.