A new grant scheme worth a total of £23m has opened to businesses in the West of England to secure jobs and deal with the effects of Covid-19 restrictions.
The Additional Restrictions Grant is a discretionary payment to help businesses that have been adversely impacted by national restrictions imposed to control the spread of Covid-19.
The scheme – which opened this Monday – is in addition to the Government’s Local Restrictions Grant which is aimed at businesses who are required to close as a result of lockdown.
The West of England Combined Authority (WECA) has been working in collaboration with the region’s councils and the Regional Recovery Taskforce to create a consistent regional approach to awarding discretionary grants based on economic need. The Additional Restriction Grants will be up to £1,000 for businesses with 10 or less employees and up to £1,500 for those with 11 to 49 employees.
To qualify for this grant, your business must be in Bath & North East Somerset and have:
- been open as usual before the restrictions
- fewer than 49 employees
One of the following must also apply:
- You are not a business rate payer of the premises you trade from, or occupy, and are required to close (this includes businesses registered for Council Tax)
- Your business is not required to close, but has closed due to a significant impact on trading
- Your business is continuing to operate, but with significantly reduced demand due to social distancing rules
Tim Bowles, West of England Mayor said, “The survival and success of our businesses is vital to protecting decent well-paid jobs in the West of England and securing our recovery. This £23m we have secured from the Government will be a big boost and add to the schemes we have already launched in the region to help us get the job done.
“Advice on these new grants and other schemes is available through the West of England Growth Hub and I would encourage businesses to apply as soon as possible to help protect themselves from the impact that Covid-19 is having on their trade.”
The West of England Combined Authority and the Regional Recovery Taskforce are working together with Bath & North East Somerset, Bristol, North Somerset and South Gloucestershire councils to ensure the grants are consistent. Applications should be made to the council where the business is trading.
Councillor Richard Samuel, deputy Leader of Bath & North East Somerset Council, added, “We want to help businesses in B&NES survive the impact of the second lockdown. The Additional Recovery Grants could provide a lifeline for businesses who fall outside the criteria for the other Government support grants. Please get in touch with us and apply online if you think you’re eligible for help.”
Businesses can find out more details about the range of support available through WECA’s Growth Hub website: www.wearegrowth.co.uk.
Click here to apply for the Additional Restrictions Grant. The Deadline for applications is Friday 27th November 2020.