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Home Business and economy Apply for a Discretionary Restart Grant to boost small business recovery
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Apply for a Discretionary Restart Grant to boost small business recovery

By
jw47
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3rd June 2021
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Small businesses in South Gloucestershire are encouraged to apply for a Discretionary Restart Grant of up to £2,000 to help with the financial impact of Covid-19.

This grant can help if you have been trading throughout lockdown but have been impacted by Covid-19 or have been closed but are looking to re-open as restrictions ease.

This is a discretionary grant for those not eligible for the business restart scheme. It may also be referred to as an additional restrictions grant.

Applications are now open and will close on 18 June. These will be assessed week beginning 21 June 2021 and successful applicants will be paid week beginning 28 June 2021. A maximum of one grant per business (not per property) will be given.

Funding is available for businesses who do not pay business rates, as well as those who do.

Businesses who pay business rates can apply for:

• rateable value of £15,000 and under will get up to £1,000
• rateable value above £15,000 and less than £51,000 will get up to £1,500
• rateable value £51,000 and above will get up to £2,000.

Businesses who do not pay business rates can apply for:

• grants of up to £500 for sole trader businesses
• grants of up to £1,000 for businesses with 1 to 9 employees (excluding yourself)
• grants of up to £1,500 for businesses with 10 to 49 employees.

South Gloucestershire Council’s Cabinet Member for Corporate Resources, Cllr Ben Burton said: “We are very pleased to have already helped hundreds of local businesses bounce-back with over £130 million in grants and business rates relief, and we want to reach as many as possible as restrictions ease.

“We are keen to reach all of the businesses in South Gloucestershire who are eligible for this scheme and have suffered financially due to the financial impact of coronavirus lockdown. This funding is specifically for those businesses who are reopening as restrictions begin to ease or have continued trading but have been impacted financially as a result of the pandemic.”

For further information on eligibility, criteria, grant amounts and other questions, can be found along with the application form at www.southglos.gov.uk/local-business-grants

Once your application has been processed, we will be in touch to let you know the outcome. If eligible, we will let you know how much you are entitled to and when you will receive payment. Any businesses that are not eligible will be informed and signposted to other support that may be available.

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