National Lockdown 2.0: Business Support Grants

Press Release

Published on 6 November 2020


Stratford-on-Avon District Council will once again be administering the business support grants offered to local businesses that have to close during the second lockdown that started on Thursday 5 November.

Businesses that meet the criteria, which are required to close will now be able to receive grants worth up to £3,000 a month. 

Eligibility

To be eligible for the grant, the business would need to have been open as usual and providing in-person services to customers but has been required to close due to the second national lockdown.

Payments

Payments are triggered by the national decision to close businesses across the District and throughout England. Eligible businesses must have been closed for the entirety of the lockdown period.

More detailed guidance from the Government is needed before payments can be made, but businesses required to close due to the new national restrictions will be eligible for the following:

  • Businesses occupying a premises with a rateable value less than or equal to £15,000 may claim £1,334 per month or £667 per 2 week period of closure.
  • Businesses occupying a premises with a rateable value between £15,000 up to a value of £50,999 may claim £2,000 per month or £1,000 per 2 week period of closure.
  • Businesses occupying a premises with a rateable value of exactly £51,000 or above may claim £3,000 per month or £1,500 per 2 week period of closure.

As with other COVID-19 business grants, local grants to closed businesses will be treated as taxable income.

Cllr Jo Barker, People Portfolio Holder at Stratford-on-Avon District Council says: "We will endeavour to get this much-needed funding to local businesses as quickly as possible so that as many local businesses as possible benefit from this national support.

"We are waiting to hear detail from the Government on discretionary funding to help businesses that may slip through the gaps of this first wave of support funding.

"We know that this second lockdown is a really big ask, and the Government has to provide support to those businesses being asked to close again in the District and across the country."

Eligible businesses will be able to apply online via the Stratford-on-Avon District Council's website, from next week: www.stratford.gov.uk


Contact details

Stratford-on-Avon District Council
Elizabeth House, Church Street,
Stratford-upon-Avon, Warwickshire,
CV37 6HX
Tel: 01789 267575

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Last updated on 06/11/2020

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