A one-off top up grant for retail, hospitality and leisure businesses worth up to £9,000 per property and is in addition to existing grant support. The one-off top-ups will be granted to closed businesses as follows:
Any business which is legally required to close and which cannot operate effectively remotely, is eligible for the grant. This will contribute to funding which has already been guaranteed by the Government to help businesses plan their COVID-19 response in the months ahead.
Your business may be eligible if it:
This could include non-essential retail, leisure, personal care, sports facilities, tourism and hospitality businesses. It could also include businesses that operate primarily as an in-person venue, but which have been forced to close those services and provide a takeaway-only service instead.
Eligible businesses can get one grant for each non-domestic property.
The deadline to apply for the Closed Business Lockdown Payment is 31 March 2021!
Businesses Excluded From The Fund
You cannot get funding if:
To find out if you are eligible, click here.
The new domestic subsidy allowance for COVID-19 business support grants took effect on 3 March 2021. Applications made prior to that date are subject t the previous rules.
The scheme is covered by 3 Subsidy Allowances (check out our Subsidy Allowance blog for more info):
Grants under these three allowances can be combined for a potential total allowance of up to £10,935,000.
Visit your local council’s website to find out how to apply.
Guidance for local authorities can be found here.
Speak to your local council to find out how to apply. If you need any help please get in touch.
This article was written for Saint Financial Group, a multidisciplinary group based in the UK that helps small businesses develop and grow. SaintFG offers a range of quality solutions in supporting businesses. If you need another further guidance or would like to know how we can work with you, get in touch today!
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