Fresh Wave Of Grant Funding Launched
Fresh wave of grant funding launched as councils are called on to do their bit to continue supporting businesses
New grant scheme launches today as ministers issue call to council leaders.
Hard-pressed businesses across the economy will receive fresh support from the new £5 billion Restart Grants scheme launching today (1 April), as the government on councils to get funds to business owners as soon as possible.
From today, businesses in England in the non-essential retail sector will be eligible for one-off grants of up to £6,000, while businesses in the hospitality, accommodation, leisure, personal care and gym sectors, which are reopening later, will be eligible for one-off grants of up to £18,000. The £5 billion of government funding available through the Restart Grants scheme will be delivered by local authorities.
This is coupled with £425 million of top-up funding for the ongoing Additional Restrictions Grant scheme for councils to distribute to businesses in particularly urgent need of additional support – which could also be businesses who don’t necessarily pay business rates like tour operators, B&Bs, caterers, freelancers and wedding service providers.
Minister Scully and Tourism Minister Nigel Huddleston have written to the leaders of 314 councils in England urging them to do all they can to pay out grants money more quickly and ensure businesses in their local authority area get the support they need
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