Published Thursday, 19th November 2020
Reigate & Banstead businesses that have been forced to close due to national restrictions may be eligible for one of two new business grants.
National restrictions in England currently mean that between 5 November and 2 December 2020, certain businesses and venues must close or restrict how goods and services are provided. Guidance for businesses about the national restrictions has been published by the Government.
Grants now available
To help support businesses affected by the new restrictions, a new set of financial measures has been announced by the Government.
Businesses that have been told to close for the national lockdown may be eligible for the Local Restrictions Support Grant. These businesses include non-essential retail, leisure, personal care, sports facilities and hospitality businesses. Eligible businesses will receive up to £3,000 - the amount given depends on the rateable value of its premises. Further details and the application form can be found on our website.
Businesses who have closed or been severely affected by the current restrictions, such as those businesses in the supply chain, may be eligible for the Additional Restrictions Grant. The Government has provided the Council with funding to cover the years 2020/21 and 2021/22. Three levels of payment are available up to £3,000. The full criteria and application form for businesses can be found on our website.
Loan schemes extended
The Government has also extended various other coronavirus loan schemes as well as its Job Retention Scheme and Self-Employment Income Support Scheme. Further details can be found on our website.
For up-to-date information about business support and other Council services, please keep an eye on our Supporting Local Business web pages and follow RBBC on Twitter, Facebook, LinkedIn and Instagram.