Business Update: Restart Grant – Applications Open

We hope you are all well and able to enjoy the start of the Easter and lighter evenings …Below is some important and welcome information relating to the ‘restart grants’ you do need to apply online this time…

1.  Business ‘Restart Grant’ – Applications Now Open

The restart grant relates to the announcement of further grant funding for retail, hospitality and leisure sector businesses in the Chancellors budget on 3 March. For eligible businesses (please see the link below), there is 1 x grant per rateable premise. There are two ‘stands’ of funding, offering different lump sum amounts as follows:

  • Strand one – Non-essential retail (rated premises – please see eligibility lists)
    • RV of £15,000 or under – One off payment of £2667
    • RV of over £15,000 and less than £51,000 – One off payment of £4000
    • RV of exactly £51,000 or over – One off payment of £6000
  • Strand two – Hospitality, accommodation, leisure, personal care and gym (rated premises – please see eligibility lists)
    • RV of £15,000 or under – One off payment of £8000
    • RV of over £15,000 and less than £51,000 – One off payment of £12000
    • RV of exactly £51,000 or over – One off payment of £18000

It has now been confirmed you do need to complete a new online application for this scheme.

You will see there are a number of questions, as well as some mandatory information that has been added by BEISS this time around.

Payments to businesses will begin being made after the 6th of April, 2021.

ALL WDC Information and Eligibility Criteria can be found here: https://www.warwickdc.gov.uk/info/20068/business_awards_and_grants/1683/restart_grants

The Online Application Form is here: https://www.warwickdc.gov.uk/xfp/form/244

We hope this is welcome news for many of you – but we are always conscious of those who are not eligible / excluded and fall through the funding gaps. Reflecting this, we have already reached out to WDC to make a case for additional support for these businesses and we will keep you informed, however we always welcome your thoughts.

Full government guidance on the ‘restart scheme’ can be found by clicking here (PDF) doc.

To check your rateable value on the VOA please click here: https://www.gov.uk/correct-your-business-rates

 

2. Other Existing Grant Schemes

‘Closed Business Grant’ Scheme (16th February to 31st March, 2021)

WDC notified us around 3rd March that they had made a bulk payment to ‘closed businesses’ for the ongoing closed grants to cover the period from 16th February to 31st March. For many businesses this payment was automatic, based on you having previously applied for earlier grants, however for those that are new or had not previously applied, you still have up to 31 May 2021 to apply (if you have not done so already).

The details of the grant scheme, including amounts and links to apply retrospectively are here: https://www.warwickdc.gov.uk/info/20068/business_awards_and_grants/1684/closed_business_payment_from_16_february_to_31_march

New ARG Grant Scheme for Taxi Drivers and Private Hire Firms

We appreciate this may not be relevant to most of our members, but if you know anyone who may benefit from their please forward on the details. There is a new ARG scheme starting at Midday Friday 9th April. This ARG part F is exclusive to taxi drivers and private hire firms only. Details and eligibility criteria are here: https://www.warwickdc.gov.uk/info/20068/business_awards_and_grants/1638/additional_restrictions_grant_arg

Any questions, please don’t hesitate to ask …

 

3. Looking Forwards 

We continue to look toward April 12th with our fingers crossed and are working on a variety of plans to support the safe opening of our town centre.

In the meantime, please reach out if there is anything we can support you with. Don’t forget you can find a range of support information contained in previous emails and on our website including:

 

Also, the Royal Leamington Spa Town Centre Facebook page, Instagramtwitter and www.loveleamington.com is where we showcase what you are now doing, so please keep us updated on your plans.

Please join our Leamington Town Centre Facebook Group if you haven’t already and share your ideas, information, promotions etc. We also post updates on the BID Leamington Facebook Page and information on our website: www.bidleamington.com.

Best wishes – please take care and stay in touch.

Best wishes – please take care and stay in touch …

Steph & Alison