The Coronavirus (Covid-19) Restrictions Fund provides one-off grants to businesses very directly impacted by Covid-19 brake restrictions implemented on 9 October 2020. The fund is open for applications from 9am on 20th October 2020.
Business Closure Fund
The Business Closure Fund is available to hospitality and other businesses required to close by restriction regulations.
It operates as a two-tiered scheme, with a smaller grant of £2,000 for businesses with a Rateable Value (RV) of up to and including £51,000 and a larger grant of £3,000 for those businesses with a RV £51,001 and above. An upper limit of £15,000 in total will apply to any eligible business operating multiple premises.
Business Hardship Fund
Applications are invited for a business hardship fund – with payments of £1,000 or £1500, dependent on Rateable Value to support some businesses that remain open but are still significantly impacted by the restrictions. An upper limit of £10,000 will apply in total to any eligible business operating multiple premises. The qualifying criteria is very specific. The fund is for:
- hospitality businesses and gyms, required by these new regulations to operate in a restricted way
- producers/wholesale businesses supplying primarily perishable, short-life goods or produce to hospitality businesses required by the regulations to close or operate in a restricted way and able to evidence a minimum 25% reduction in turnover during the brake period
Other qualifying criteria:
Your businesses must have been open and trading before 9th October 2020.
You must have a business bank account. This is the account your grant will be paid into if your application is successful.
Your business premises must be registered for Non-Domestic rates. Businesses that pay rates through their landlords rather than directly to a Council are eligible to apply (evidence to be provided through a copy of your lease agreement).
Businesses which have breached wider COVID regulations/requirements prior to local restrictions are not eligible.
Retail and businesses that provide takeaway food as the core and established basis of their operations are not eligible for these closure or hardship funds.
How to apply
Application forms will be found within the Documents section of this page.
Select the Business Closure Fund form if covid-19 brake restriction regulations have required your business to close.
If your business remains open but is still significantly impacted by the restrictions, including some gyms and those in the direct supply chains of firms that must close, select the Business Hardship Fund form.
Completed applications must be returned by email to: email@example.com with supporting documents as directed on the application form.
Inverclyde Council will prioritise processing of applications with a view to making as many decisions as possible within the brake period while restrictions are in place. The assessment of incomplete application forms and applications made without supporting documentation will be delayed. Payment will be made within 3 working days of notifying you of the decision.
How to Appeal
Information about the appeal process will be available in due course.
Applications received after 5pm on Tuesday 3rd November 2020 will not be considered.