Fresh Wave of Grants Available to Businesses

A new restart grants scheme launched on 1st April will provide funding to businesses in England.

In the non-essential retail sector businesses 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.

Businesses can check their eligibility for the Restart Grant here.

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.  To help get cash out more quickly to those who need it, the ARG funding will be provided to local authorities if existing scheme money has been spent by 30 June 2021.  Businesses can visit their local Council website for eligibility.

Click here for the full briefing