The new government grant scheme designed to support businesses closed during lockdown is now open for applications.
The ‘Restart Grant’ provides businesses in several sectors including non-essential retail, hospitality, accommodation, leisure, and personal care with a one-off payment to support local businesses and help them reopen safely.
Grants are allocated based on the business rates a business or organisation pays, determined by the rateable value of a property.
Businesses in the hospitality, leisure, personal care, and gym sectors could be eligible to between £8,000 and £18,000 in grant funding. Meanwhile non-essential retail can access funding between £2,667 and £6,000.
Around 700,000 businesses in England will be eligible for the support. As with previous Covid-19 grants, the money will be paid through local councils. At the bottom of this article, we have listed some of the councils whose websites have information on the Restart Grant.
In Preston, the city council says that all eligible businesses that have previously applied for grant funding from the local authority have been contacted with instructions on how to apply.
It says that any business owner who feels they are eligible for support but have not been contacted should visit the council’s website.
Council chief executive Adrian Phillips said: “Businesses have endured a highly challenging 12 months which has included significant periods of lockdown. It is fantastic to see so many businesses are now able to reopen their doors to the public.
“The council has been committed to supporting businesses throughout the pandemic and this new Restart Grant will support them to reopen safely. I encourage eligible businesses to apply if they have not already been contacted.
“The costs associated with reopening safely cannot be underestimated and we are grateful to all businesses that have worked with us to reopen to the public in line with coronavirus restrictions.”
The sum you will receive under this scheme is based on rateable value.
• If your rateable value is £15,000 or less, you can claim up to £8,000
• If it’s between £15,000 and £51,000, you can receive up to £12,000
• If your rateable value is over £51,000 then you can claim up to £18,000
Here are some of the local council websites where you can find some further information on the scheme:
Ribble Valley: https://www.ribblevalley.gov.uk/info/200427/coronavirus_covid-19/1744/business_advice_and_support
South Ribble: https://www.southribble.gov.uk/article/1452/Business-Support#:~:text=The%20Restart%20Grant%20is%20a,One%20of%20the%20Restart%20Grant.
West Lancashire: https://www.westlancs.gov.uk/business/business-advice-and-support/coronavirus-covid-19-support-for-businesses/restart-grant-scheme.aspx#:~:text=The%20Restart%20Grant%20scheme%20launched,Accommodation