Grants

Business Restart Grants

Businesses who have previously applied for a Business Closure Grant do not need to reapply, eligible businesses will be automatically paid upon receipt of government funding.

We are currently receiving a high number of enquiries regarding the Restart Grant payments.

Unlike previous grant rounds we are unable to provide a definitive timeline as to when we will be able to pay out Restart Grants. This is due to the Government requiring pre-payment checks which are carried out by a third party and which is outside of our control.

As soon as these checks have been completed we will be issuing the grants (subject to no issues, in which case we will contact those businesses for further clarifications or evidence).
 
Please do not contact the Council for updates, we understand the urgency and we will get the grants to businesses as quickly as we can.

If you haven’t previously applied for a Business Closure Grant and believe you are eligible for a Restart Grant based on the criteria outline below please register your interest by emailing growth@west-lindsey.gov.uk

The Restart Grant applies from 1 April 2021 and is not retrospective. Funding will not be available until after 1 April 2021. 

Under the Restart Grant scheme, Local Authorities will receive funding to be allocated in one-off grants to businesses. Grants of up to £6,000 will be paid to non-essential retail business premises, to help them reopen safely. Grants of up to £18,000 will be allocated to hospitality, accommodation, leisure, personal care and gym business premises, which may open later under plans set out in the roadmap and will be more impacted by restrictions when they do reopen. The Restart Grant scheme supports businesses that are predominantly reliant on delivering in-person services for the general public in the aforementioned sectors.

The Restart Grant scheme is a one-off grant for businesses on the ratings list only.

The Restart Grant will support non-essential retail premises (Strand One) with one-off grants of up to £6,000. 

The following thresholds apply for these businesses: 

  • a. Businesses occupying hereditaments appearing on the local rating list with a rateable value of exactly £15,000 or under on 1 April 2021 will receive a payment of £2,667. 
  • b. Businesses occupying hereditaments appearing on the local rating list with a rateable value over £15,000 and less than £51,000 on 1 April 2021 will receive a payment of £4,000. 
  • c. Businesses occupying hereditaments appearing on the local rating list with a rateable value of exactly £51,000 or over on 1 April 2021 will receive a payment of £6,000.

The Restart Grant will also support hospitality, accommodation, leisure, personal care and gym business premises (Strand 2) with one-off grants of up to £18,000.

The following thresholds apply for these businesses: 

  • a. Businesses occupying hereditaments appearing on the local rating list with a rateable value of exactly £15,000 or under on 1 April 2021 will receive a payment of £8,000. 
  • b. Businesses occupying hereditaments appearing on the local rating list with a rateable value over £15,000 and less than £51,000 on 1 April 2021 will receive a payment of £12,000. 
  • c. Businesses occupying hereditaments appearing on the local rating list with a rateable value of exactly £51,000 or over on 1 April 2021 will receive a payment of £18,000.

For those businesses who have already registered for the grants programme, we will contact to confirm eligibility. For any businesses not yet registered for support, but may be eligible from 1 April, there will be a new application procedure. 

A further discretionary scheme to support businesses is being developed and details will be published once an approved scheme is in place. 

Local Authorities will also receive a proportion of a £425 million to up to the Additional Restrictions Grant. Further details on eligibility and expenditure criteria are awaited. 


Business Revival Grant Fund

Demand for this scheme has been high. The fund is now fully subscribed and a reserve list has been created. The fund has now closed to further enquiries and current applications will be assessed for eligibility. If funds remain or additional funding can be made available after the assessment of the initial cohort, those on the reserve list will be invited to apply.


For the latest news and announcements on support for business please visit the visit the government's Covid-19 business support website.

Contact

If you need further guidance please get in contact with the Growth Team at growth@west-lindsey.gov.uk.