Published: 13 January 2022
From: Business and economy
ºù«ÍÞapp Borough Council has been provided with additional funding by the government to make discretionary payments to support other businesses that may have been severely impacted by the Omicron variant.
ºù«ÍÞapp businesses who meet the relevant criteria can apply for an Additional Restrictions Grant (ARG) of up to £3,000. In order to qualify, businesses must meet the following criteria:
- Businesses must be actively trading
- Businesses must be severely impacted by the Omicron variant.
- Businesses that have already received grant payments that equal the maximum permitted levels of subsidy will not be eligible to receive ARG funding
- Businesses receiving an Omicron Hospitality & Leisure Grant will not be eligible to receive ARG funding
Applications are now open and must be submitted before 28 February 2022, however the funding for ARG (Round 6) is limited and the council therefore reserves the right to close the scheme early, if it is oversubscribed.
Although we have again not been allocated enough funding to help all local businesses, we are doing everything we can to support as many ºù«ÍÞapp businesses as possible. If businesses wish to apply for the Additional Restrictions Grant, we urge them to do so without delay as there is limited funding. Support with applications is available via the council’s dedicated website page.
Cllr Peter Lamb
Leader
ºù«ÍÞapp Borough Council
The following thresholds apply:
- Mobile sole-trader or market trader operating on 30 December 2021 will receive a payment of £500
- Premises with a rateable value of exactly £15,000 or under on 30 December 2021 will receive a payment of £1,334
- Premises with a rateable value over £15,000 and less than £51,000 on 30 December 2021 will receive a payment of £2,000
- Premises with a rateable value of exactly £51,000 or over on 30 December 2021 will receive a payment of £3,000
When making decisions on the appropriate level of grant awards, other factors – including fixed costs, number of employees, ability to trade online and the consequent scale of coronavirus losses – will be taken into account.
To find out more and apply, businesses can visit our business support grants page.
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