Grant funding to support local businesses during latest national restrictions
National restrictions are in place between Thursday 5 November and Wednesday 2 December following a rise in the number of people contracting COVID-19 and as part of this, the government has ordered certain businesses and venues to close.
Following further guidance from the government on financial support for businesses, grants of up to £1,334 per month are available for businesses with a rateable value of up to £15,000, grants of up to £2,000 for businesses with a rateable value of £15,000 to £50,999 and £3,000 per month for properties with a rateable value of £51,000 and above.
To access the funding, businesses will need to provide further details to confirm their eligibility for a grant as well as their payment details by completing a form online at www.basingstoke.gov.uk/local-restrictions-support-grant
Following the completion of the online form, grants will usually be paid to eligible businesses within two to three working days.
Alongside this government support, the council is finalising a new discretionary grant scheme to support other businesses who are not eligible for other grant funding and have had to close or have been severely impacted by the new national restrictions.
Basingstoke and Deane Borough Council’s Cabinet Member for Finance and Service Improvement Cllr Hannah Golding said: “I am pleased that we have now received further guidance from government and are able to provide this vital support to businesses who have been affected by the latest national restrictions.
“We know this is a difficult time for the businesses affected by the latest national restrictions, on top of an already challenging year, so we will be paying these grants to all eligible businesses as soon as possible.”
For more information on grants and support for businesses and to access the online form, visit www.basingstoke.gov.uk/local-restrictions-support-grant