Restart Grant
To support the recovery of the high street as Government trading restrictions are relaxed, the Chancellor has announced the one-off payment 'Restart Grant'. This grant replaces the Local Restrictions Support Grant (CA/C) from April 2021 onwards (for eligible businesses).
We encourage all business owners to read the guidance to confirm eligibility.
It is likely that we will make (where possible) automated payments w/c 12th April 2021 (subject to receiving the funds from Government) and an application form will be made available to those eligible businesses that have not received an automated payment w/c 19th April 2021.
The Restart Grant will support non-essential retail premises with one-off grants of up to £6,000 in Strand One of the Restart Grant. The following thresholds apply for these businesses:
- Businesses occupying hereditaments appearing on the local rating list with a rateable value of exactly £15,000 or under on 1 April 2021 will receive a payment of £2,667.
- Businesses occupying hereditaments appearing on the local rating list with a rateable value over £15,000 and less than £51,000 on 1 April 2021 will receive a payment of £4,000.
- Businesses occupying hereditaments appearing on the local rating list with a rateable value of exactly £51,000 or over on 1 April 2021 will receive a payment of £6,000.
The Restart Grant will also support hospitality, accommodation, leisure, personal care and gym business premises with one-off grants of up to £18,000 in Strand Two of the Restart Grant. The following thresholds apply for these businesses:
- Businesses occupying hereditaments appearing on the local rating list with a rateable value of exactly £15,000 or under on 1 April 2021 will receive a payment of £8,000.
- Businesses occupying hereditaments appearing on the local rating list with a rateable value over £15,000 and less than £51,000 on 1 April 2021 will receive a payment of £12,000.
- Businesses occupying hereditaments appearing on the local rating list with a rateable value of exactly £51,000 or over on 1 April 2021 will receive a payment of £18,000.
Updated information will be provided on this webpage.
Finally, we encourage all businesses to sign-up for our Business Newsletter - www.e-lindsey.gov.uk/ebb - to be alerted to funding opportunities in the future.