The purpose of the grant scheme is to support businesses with their immediate cash flow and to help them survive the economic consequences of additional restrictions introduced on the 26th December 2021 necessary to control the spread of Covid-19
The funding is intended to cover the business impact from the 13th December 2021 to the 14th February 2022
i) Grant A:
A £2,000 cash grant payment for hospitality, retail, tourism and leisure businesses or supply chain businesses supplying this sector with a greater than 40% drop in turnover over the funding period, with Small Business Rate Relief (SBRR) qualifying hereditaments with a rateable value under £12,000
The same ratepayer may only receive this grant for a maximum of two properties in each local authority
ii) Grant B:
A £4,000 cash grant payment for hospitality, retail, tourism and leisure businesses chain businesses supplying this sector with a greater than 40% drop in turnover over the funding period, with qualifying hereditaments with a rateable value between £12,001 and £51,000
iii) Grant C:
A £6,000 cash grant payment for hospitality, retail, tourism and leisure businesses chain businesses supplying this sector with a greater than 40% drop in turnover over the funding period, occupying hereditaments with a rateable value between £51,001 and £500,000
For all businesses, their hereditament must have been on the NDR rating list as of the 1st September 2021 and the ratepayer needs to have been in occupation of the property as of the 30th November 2021
Please see the full criteria