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Business Grants

The Government is providing additional funding to allow Local Authorities (LAs) to support businesses in high-alert (tier 2) level areas, which are not legally closed but that have been severely impacted by the restrictions on socialising. 

The cash grants, worth up to £2,100 per month, are primarily aimed at businesses in the hospitality, accommodation and leisure sector.

The amount of funding received by each LA will, therefore, be based on the number of hospitality, hotel, B&B, and leisure businesses in each area.

As a guide, LAs will receive a funding amount that will be the equivalent of:

  • £934 per month for premises with a rateable value of £15,000 or under;
  • £1,400 per month for premises with a rateable value of between £15,000-£51,000; and
  • £2,100 per month for premises with a rateable value of £51,000 or more. 

It will be down to the discretion of each LA to determine which businesses are eligible for grant funding and what level of funding to allocate to each business.

LAs will also receive an additional five per cent top-up to cover other businesses that might be affected by the local restrictions, but which do not fit into these categories.

Businesses in Very High alert level areas will qualify for greater support of up to £3,000/month whether closed or open. 

These new grants will be available retrospectively for areas who have already been subject to previous local restrictions and backdated, in some cases, to August.