A new application round of the Additional Restrictions Grant opened, as the May Bank Holiday weekend came around and this time it's open to a lot of home- based businesses who were previously ineligible.
However, as there is only a two week application period in some areas, you need to move very quickly, as applications close on Friday, May 14th in Wyre and in Lancaster on Monday, May 17th.
Therefore if you know other local businesses who aren't T+ G clients, please forward this now, in time for them to be made aware and make their own application as they need to gather quite a bit of paperwork.
WHO'S ELIGIBLE THIS TIME?
Unfortunately eligibility criteria vary from area to area.
Importantly for the first time in Wyre, this now includes home-based businesses too. Conversely if you received either, the LRSG Closed Grant, or the Restart Grant you will not be eligible.
In Wyre this round is specifically for those businesses who don’t pay business rates, or do have a rates listing, but remained open and can demonstrate a severe drop in demand through the Covid period.
Whilst nominally the grant is targeted at Retail, Hospitality and Leisure businesses, we understand that applications from other businesses sectors will be considered too. It's expected that most grant payments will be in a range between £1,000 and £5,000, though in theory grants of up to £25,000 are available.
Previous successful applicants to the A.R.G. who have already received grants, will all unfortunately need to make a fresh application, and all applications need to demonstrate both their fixed business-related costs with proof and the loss of income over the Covid year, compared to the year before.
In Lancaster there's a different policy, previous successful applicants don't need to apply again and will be considered, but rateable businesses are not eligible. Payments will be made either with a lump sum of up to £6,300, or a recurring payment of up to £1,050 per fortnight, dependent on whether you receive money from the Self Employed Income Support Scheme.
When you have looked through the eligibility rules and got your information together for your application, if you have any further questions our Covid Support team are here for you and will be back in the office from Tuesday, May 3rd.