Applications are now open for Coronavirus-affected businesses which don’t qualify for the Local Restrictions Support Grant.
The Additional Restrictions Grant application process is open at www.stroud.gov.uk/businessrates.
So far, 426 businesses have been paid a total of £640,894 in Local Restriction Support Grant in just over a week, and applications remain open for that grant at the same link.
The Additional Restrictions Grant is a one-off payment to businesses severely financially affected by COVID, during the national lockdown between 5 November and 2 December. Applications are open until 11 December.
“We are here to support the thousands of businesses in our district which are the lifeblood of our communities,” said SDC Leader Doina Cornell. “Our staff are turning around applications as fast as they can and I would urge businesses which did not qualify for the Local Restrictions Support Grant to apply for the Additional Restrictions Grant.”
Eligibility criteria for the Additional Restrictions Grant:
- Businesses must demonstrate how they have been severely impacted.
- Businesses that cannot trade due to circumstances beyond their control and/or affected as a result of general national restrictions.
- Businesses with high fixed business costs whether that be rent, rates, lease/hire purchase costs, insurance, franchise payments or other costs that they wouldn’t save by not trading for a month.
- Any business failing to meet the criteria or failing to provide sufficient information to determine whether they meet the criteria will not be awarded a grant.
More details, including those businesses which will be prioritised are at www.stroud.gov.uk/businessrates
Earlier this year in the first wave of grant payments, the council paid out £25.5million across 2,280 accounts, plus £1.34million in discretionary grants across 135 businesses.
For all Stroud District Council updates, help and advice on Coronavirus visit our social media channels and www.stroud.gov.uk.coronavirus