Eden District Council's Business Support Grants - 17 November Update
Eden District Council is currently working hard to identify those businesses which will be eligible for immediate and automatic payment from the Government’s new business support grant, from its list of 3,500 rateable businesses in the area. Therefore no businesses have yet been awarded money under the Local Restrictions Support Grant (Closed) (LRSG) scheme.
The Council will notify those firms which are eligible for an automatic payment under the LRSG scheme this week.
For those businesses which weren’t able to be paid automatically, an application form will go online early next week, with the aim of payments being made as quickly as possible.
In addition, for businesses that are severely impacted by the latest restrictions, but that aren’t eligible for the LRSG scheme, the Additional Restrictions Grant scheme will be available to apply to, from early next week. Applications will be processed as quickly as possible, for prompt payment to Eden businesses."
What grants will be available?
Local Restrictions Grant (Closed) scheme
The Local Restrictions Grant (Closed) scheme is available for businesses that have been required to close by the Government as a result of national COVID restrictions.
The amount of grant funding awarded is based upon the rateable value of a firm’s premises.
Eden District Council is currently identifying and contacting businesses that they have on record and that may be eligible for this scheme. It is hoped that most payments will be able to be made automatically for this group.
Businesses for which the Council doesn’t hold contact details for will be able to apply for this grant using a simple application form. Larger firms with property of a rateable value of over £51,000 will also have to make an application.
Businesses which have been asked to close by the Government include non-essential retail, leisure, personal care, sports facilities and hospitality businesses. A detailed list of business categories can be found at gov.uk.
To qualify, the business must have been:
- open as usual before the November lockdown restrictions.
- providing services in person to customers from the premises.
- required to close due to restrictions imposed by Government.
- in receipt of a business rates bill for the premises before the restrictions commenced.
Businesses required to close but operating a click and collect service or restaurants operating a takeaway service may still be eligible.
The grant for eligible businesses will be a single payment for the period 5 November to 2 December as follows:
- £1,334 where the rateable value is £15,000 or less,
- £2,000 where the rateable value is between £15,001 and £50,999,
- £3,000 where the rateable value is £51,000 or above.
Additional Restrictions Grant
For those firms that fall outside of the Local Restrictions Grant (Closed) scheme, Eden District Council is administering an Additional Restrictions Grant.
For this new scheme, the Council is currently in the process of drafting a policy and a simple application form for businesses. The application form will enable the Council to request information from businesses that ensures that it is compliant with the guidance set down by Central Government.
Payments for this scheme are likely to be made in the form of grants that do not need to be paid back.
The grant sums awarded will be closely aligned to the amounts that are given to similar businesses which are eligible for the Local Restrictions Grant (Closed) scheme.
The scheme will be made live as soon as possible, so that the Council can issue payments to businesses in need.
Check if your business is eligible for a grant
To find out if your business will be eligible for a grant, or for more information, visit: https://www.gov.uk/guidance/check-if-your-business-is-eligible-for-a-coronavirus-grant-due-to-national-restrictions-for-closed-businesses#how-to-apply