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Information on grants businesses will receive from the government as a result of the tiered lockdown system have been previously announced, and the finer details can be found below.
Nottingham City Council will be in a position next week (week commencing 16 November) to distribute these grants to eligible businesses. Once grants are available, we will send a new version of this newsletter out to alert you to the grants being available and where to visit to apply.
We have designed this scheme to be a single application for all grants your business is eligible for - our aim is to make this as streamlined a process as possible for you.
What you can do in the meanwhile
Please make sure you have your rates account number, rental information and correct bank details somewhere convenient as you will need these to apply.?
Business Grants: what's available
If you meet the criteria for the Local Restrictions Support Grant you will be able to apply shortly. The application process is not open yet while we await clarity from government?? please do not contact us asking about grants as this will hinder our efforts to set the processes up.?
We know of the following funding that will be available to eligible businesses soon:
National lockdown grants
- For businesses occupying properties with a rateable value of ?15,000 or under, grants of ?1,334 every 4 weeks forced to close under national restrictions
- For businesses occupying properties with a rateable value of between ?15,000 - ?51,000, grants of ?2,000 every 4 weeks forced to close under national restrictions
- For businesses occupying properties with a rateable value of ?51,000, grants of ?3,000 every 4 weeks forced to close under national restrictions
Tier 2 grants
- For businesses affected by the previous Tier 2 restrictions (hospitality, leisure, accommodation), businesses will receive a grant for the period 14?October to 30?October on a pro-rated basis, at 70% of the values listed above?
Tier 3 grants
- For businesses closed due to Tier 3 restrictions between 30?October and 5?November, they will receive a grant on a pro-rated basis for those 5 days at the values listed above
Discretionary grants
- Some additional discretionary grants will be available for other affected businesses during the national, Tier 2 and Tier 3 restrictions. These might include, for example, supply chain businesses to the hospitality sector, businesses forced to close with no rateable value. Details for this scheme are still being reviewed.
Read more on the Gov.UK website
Thank you for your ongoing patience in these difficult times.?
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