As part of the 2021 Recovery Budget unveiled by the Chancellor, a replacement grant for the Restart Grant has been announced. This new grant is due to begin in April. This is a continuation of the support package aimed at helping businesses that have had to close due to COVID-19 lockdown restrictions.
This grant will help shops, pubs, hotels and any other small business through to June 2021. This is the date currently in place that will see all lockdown restrictions lifted in England.
What is available?
Through the scheme, non-essential retail businesses will get up to £6,000 per premises to help them reopen. In England, shops will reopen no earlier than April 12th 2021.
For almost 700,000 small businesses which are not set to open until later in the year (including shops, pubs, clubs, hotels restaurants, gyms and hair salons), up to £18,000 is available, depending on their rateable value.
Am I eligible?
You can get funding if your business:
- Is based in England
- Occupies property on which it pays business rates (and is the ratepayer)
- Has been required to close because of the national lockdown from 5th January 2021 onwards, or between 5th November and 2nd December 2020
- Has been unable to provide its usual in-person customer service from its premises
You cannot get funding if:
- You continue to operate during the lockdown period because you do not depend on providing direct in-person services from your premises (e.g. accountants)
- You have chosen to close, but have not been required to close as part of national restrictions
- Your business is in administration, insolvent or has been struck off the Companies House Register
- You have exceed the permitted subsidy level
How do I apply?
To apply for the grant, you must visit your local council’s website. You can find your local council here.
If you would like to speak with AF regarding grant support, please email grantresource@theafgroup.co.uk
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