Huntingdonshire Council advise business owners in the St Neots / Huntingdonshire area that there are still a large number of businesses yet to claim the 2020 Business Grant made available to help them during COVId 19 Lockdown
This grant is non refundable (IE YOU DON'T HAVE TO PAY IT BACK) and it doesn't matter whether a business is still trading or is closed due to social distancing.
Below is a snapshot of details and eligibility
How are the grants to be provided?
Central Government will provide funding to Local Authorities that are responsible for business rate billing. Those Local Authorities will contact eligible businesses to arrange payment of the grants. How much funding will be provided to businesses?
Under the Small Business Grant Fund (SBGF) all eligible businesses in England in receipt of either Small Business Rates Relief (SBRR) or Rural Rates Relief (RRR) in the business rates system will be eligible for a payment of £10,000.
Under the Retail, Hospitality and Leisure Grant (RHLG) eligible businesses in England in receipt of the Expanded Retail Discount (which covers retail, hospitality and leisure) with a rateable value of less than £51,000 will be eligible for a cash grants of £10,000 or £25,000 per property.
Eligible businesses in these sectors with a property that has a rateable value of up to and including £15,000 will receive a grant of £10,000.
Eligible businesses in these sectors with a property that has a rateable value of over £15,000 and less than £51,000 will receive a grant of £25,000.
Businesses with a rateable value of £51,000 or over are not eligible for this scheme. Businesses which are not ratepayers in the business rates system are not included in this scheme.
Eligible recipients will receive one grant per property.
For more information click here
To apply for the Grant click here
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