Support For Businesses

Support For Businesses

Information on the support available for businesses affected by Coronavirus (COVID-19).

Find out more about


Re-opening of Businesses

More information and guidance about the re-opening of businesses  "COVID-securely" is available on our Open for Business page. 


LATEST 5th March 2021-- In response to the Budget 2021

All the existing business grant and support schemes (listed below) will continue to run and provide payments to eligible businesses for the period up to 31st March 2021.

PLEASE DO NOT contact the Council directly OR make further/duplicate grant submissions using the existing application form below, in order to secure grant support covering the period after 31st March 2021. This will be dealt with separately in due course.

Once the application process is finalised and full eligibility details have been provided for the business grants covering the period from April 2021 onwards, including those announced in the new Budget 2021; we will publish them on this webpage, the Council's social media accounts and via Email Me bulletins.  We cannot yet accept applications or provide further details on your business eligibility, or amounts to be paid as a Restart Grant after April 2021.

Budget 2021 summary

Following the Chancellor's budget announcement, we are aware of the imminent changes to the current Covid-19 Business Grants, most of which are due to close at the end of March.

From April 2021:

  • Restart Grants -The government will provide ‘Restart Grants’ in England of up to £6,000 per premises for non-essential retail businesses and up to £18,000 per premises for hospitality, accommodation, leisure, personal care and gym businesses, giving them the cash certainty they need to plan ahead and safely re-launch trading over the coming months. 
  • Business Rates - The government will continue to provide eligible retail, hospitality and leisure properties in England with 100% business rates relief from 1st April 2021 to 30th June 2021. This will be followed by 66% business rates relief for the period from 1st July 2021 to 31st March 2022.
  • Recovery Loans - From 6th April 2021 the Recovery Loan Scheme will provide lenders with a guarantee of 80% on eligible loans between £25,000 and £10 million to give them confidence in continuing to provide finance to UK businesses. The scheme will be open to all businesses, including those who have already received support under the existing COVID-19 guaranteed loan schemes.

More details of these new schemes and other Covid business support will be published on this webpage as it becomes available. Full details of the 2021 Budget announcement can be found here - Full Budget 2021 Documentation (Opens in a new window).

 


Additional Covid-19 Business Support Grants

Details of Government announced business support grant schemes, which are currently live and will be administered by local Councils to provide cash grants for businesses that have been affected when entering Tiers 2, 3, 4 and National Lockdown restrictions. Grants are typically non-repayable forms of business support. 

 

How to Apply for Business Support Grants

PLEASE NOTE: If you have already received a Business Support Grant from the Council since November 2020, then you do not need to complete a further application at this moment in time. Doing so is simply duplicating details we have about your business on file and could place unnecessary burden on the team processing applications, to those eligible who are yet to receive the maximum grant support available to them at this time.  

We cannot yet accept applications for grant schemes covering the period from April 2021, such as the 'Restart Grants' announced in the Budget 2021. It is likely a new application process and form will be created and published on this webpage when required. Immediate financial support for businesses up to 31st March will be provided under the existing schemes.

 

Application form

To apply for any of the Covid-19 support grants, please use this same application form here - [[READ NOTE ABOVE BEFORE CLICKING LINK]] Additional Business Support Grants APPLICATION FORM (Opens in a new window)

 

How much will my business receive in grant payments?

This will vary on the type of business applying for grant support, period/s of closure and how that business has been affected. In many cases, a business may be eligible to receive grant support through more than one of the schemes. View our guide to see how much an eligible business could receive through each grant scheme -Business Support Grants Payments Table (.pdf) (48.8KB) (Opens in a new window) .

 

How are the payment amounts calculated?

Depending on the grant scheme, payments are calculated and eligibility is assessed using either guidance provided by government, OR in-line with the Council's Covid Business Grants Support Policy. Our policy applies to the Local Restrictions Support Grant (Open) and Additional Restrictions Grant, which are the only elements of discretion for the Council.

 

Once you have applied

Once an application has been assessed for eligibility and the amounts under the different schemes have been approved, the Council will endeavor to pay money into the nominated business bank account in 5 working days, but this can take up to 14 days. Where a business is eligible for more than one of the grant schemes, a breakdown with the amounts paid under each scheme will be provided on a single remittance notice.  

Overview of the various Covid-19 Business Support Grants

There are several different schemes currently available, click the headings below to jump to the relevant grant scheme overview:

 


Overview of Business Support Grants

Most of the grant schemes listed below will close to applications shortly and provide financial support to businesses up to 31st March 2021. After this point, the Council will begin to administer Restart Grants as a replacement.


Local Restrictions Support Grant (Closed)

The Local Restrictions Grant (Closed) scheme is to support businesses that that have been legally required to close as a result of Nottinghamshire entering Tier 3 on 30th October, until 5th November 2020.

This scheme will be administered in line with Government requirements.

  • For businesses that have a Business Rates account and were legally required to close on 30th October 2020.
  • Businesses occupying hereditaments appearing on the local rating list with a rateable value of exactly £15,000 or under on the date of the commencement of the local restrictions will receive a payment of £667 per 14-day qualifying restriction period.
  • Businesses occupying hereditaments appearing on the local rating list with a rateable value over £15,000 and less than £51,000 on the date of the commencement of the local restrictions will receive a payment of £1,000 per 14-day qualifying restriction period.
  • Businesses occupying hereditaments appearing on the local rating list with a rateable value of exactly £51,000 or above on the commencement date of the local restrictions, will receive £1,500 per 14-day qualifying restriction period.

Tier 3 Closed and Tier 3 Open – from 2nd December to 16th December 2020

Tier 3 Closed from 2nd December

The Government provided further business support funding for those business that were legally required to close under the Tier 3 restrictions from 2nd December 2020

If applicable, these grants will be paid at a rate relating to your Business Premises Rateable Value. This scheme will be administered in line with Government requirements. 

  • Businesses occupying hereditaments appearing on the local rating list with a rateable value of exactly £15,000 or under on the date of the commencement of the local restrictions will receive a payment of £667 per 14-day qualifying restriction period.
  • Businesses occupying hereditaments appearing on the local rating list with a rateable value over £15,000 and less than £51,000 on the date of the commencement of the local restrictions will receive a payment of £1,000 per 14-day qualifying restriction period.
  • Businesses occupying hereditaments appearing on the local rating list with a rateable value of exactly £51,000 or above on the commencement date of the local restrictions, will receive £1,500 per 14-day qualifying restriction period.

Tier 3 Open from 2nd December

In addition to those forced to close, the Council recognises that there will be businesses in the Hospitality, Leisure and Accommodation sectors that will be affected, even if not legally required to close from 2nd December 2020.  A scheme has been created to support these businesses.  If applicable, these grants will be paid at a rate relating to your Business Premises Rateable Value. 

Grant applications to this scheme and payment amounts will be determined in-line with the Council's Covid Business Grants Support Policy.

  • Grants of up to £467 per 14-day period for businesses occupying hereditaments with a rateable value of exactly £15,000 or under on the date of the commencement of the local restrictions.
  • Grants of up to £700 per 14-day period for businesses occupying hereditaments with a rateable value over £15,000 and less than £51,000 on the date of the commencement of the local restrictions.
  • Grants of up to £1,050 per 14-day period for businesses occupying hereditaments with a rateable value of exactly £51,000 or above on the date of the commencement of the local restrictions.

Local Restrictions Support Grants (Closed) Addendum

The Local Restrictions Grant (Closed) scheme is to support businesses that were legally required to close as a result of National Restrictions period commencing on 5th November 2020. 

Please note, applications under this round of the scheme are still live, however payments will only be made covering the period up to the 2nd December 2020, when England ended National Restrictions and reverted to localised restrictions through the tier system. 

This scheme will be administered in line with Government requirements.

  • For businesses that have a Business Rates account and were legally required to close on 5th November 2020.
  • Businesses occupying hereditaments appearing on the local rating list with a rateable value of exactly £15,000 or under on the date of the commencement of the local restrictions will receive a payment of £1334 per 28-day qualifying restriction period.
  • Businesses occupying hereditaments appearing on the local rating list with a rateable value over £15,000 and less than £51,000 on the date of the commencement of the local restrictions will receive a payment of £2,000 per 28-day qualifying restriction period.
  • Businesses occupying hereditaments appearing on the local rating list with a rateable value of exactly £51,000 or above on the commencement date of the local restrictions, will receive £3,000 per 28-day qualifying restriction period. 

Tier 4 closed from 31st December 2020 - 4th January 2021

The Government provided further business support funding for those business that were legally required to close under the Tier 4 restrictions from 31st December 2020

If applicable, these grants will be paid at a rate relating to your Business Premises Rateable Value. This scheme will be administered in line with Government requirements. 

  • Businesses occupying hereditaments appearing on the local rating list with a rateable value of exactly £15,000 or under on the date of the commencement of the local restrictions, will receive a payment of £238.21
  • Businesses occupying hereditaments appearing on the local rating list with a rateable value over £15,000 and less than £51,000 on the date of the commencement of the local restrictions, will receive a payment of £357.14
  • Businesses occupying hereditaments appearing on the local rating list with a rateable value of exactly £51,000 or above on the commencement date of the local restrictions, will receive £535.71

National Restrictions grant from 16th February 2021 onwards

The Council is making further Local Restrictions Support Grant payments to eligible local businesses for the period 16th February to 31st March 2021.

The allocation amounts are:

  • Businesses occupying hereditaments appearing on the local rating list with a rateable value of exactly £15,000 or under on the date of the commencement of the widespread national restrictions will receive a payment of £2,096 per 44-day qualifying restriction period.
  • Businesses occupying hereditaments appearing on the local rating list with a rateable value over £15,000 and less than £51,000 on the date of the commencement of the widespread national restrictions will receive a payment of £3,143 per 44-day qualifying restriction period.
  • Businesses occupying hereditaments appearing on the local rating list with a rateable value of exactly £51,000 or above on the commencement date of the widespread national restrictions, will receive £4,714 per 44-day qualifying restriction period.

Local Restrictions Support Grant (Sector)

The Local Restrictions Grant (Sector) scheme is to support businesses that that have been legally required to close on 23rd March 2020 and have been required to remain closed since.  

This scheme will be administered in line with Government requirements.

  • For nightclubs, dance halls, discotheques, sexual entertainment venues and hostess bars which have a business rates account and were legally required to close on 23rd March 2020 and have been required to remain closed.
  • Businesses occupying hereditaments appearing on the local rating list with a rateable value of exactly £15,000 or under on the date of the commencement of the local restrictions will receive a payment of £667 per 14-day qualifying restriction period.
  • Businesses occupying hereditaments appearing on the local rating list with a rateable value over £15,000 and less than £51,000 on the date of the commencement of the local restrictions will receive a payment of £1,000 per 14-day qualifying restriction period.
  • Businesses occupying hereditaments appearing on the local rating list with a rateable value of exactly £51,000 or above on the commencement date of the local restrictions, will receive £1,500 per 14-day qualifying restriction period.

National Lockdown Grant (Closed)

The National Lockdown Grant (Closed) scheme is to support businesses that were legally required to close as a result of National Restrictions commencing on 5th January 2021.

These grants will be paid in line with the previous National Lockdown Grant, during November 2020, and applicable to all non-essential retail, hospitality, Leisure and accommodation sector businesses that have been legally required to close as a result of the governments restrictions. This scheme will pay businesses for the period commencing 5th January to the 15th February 2021 (42 Days).

This scheme will be administered in line with Government requirements.

  • Businesses occupying hereditaments appearing on the local rating list with a rateable value of exactly £15,000 or under on the date of the commencement of the national restrictions, will receive a payment of £2,001.00
  • Businesses occupying hereditaments appearing on the local rating list with a rateable value over £15,000 and less than £51,000 on the date of the commencement of national restrictions, will receive a payment of £3,000.00
  • Businesses occupying hereditaments appearing on the local rating list with a rateable value of exactly £51,000 or above on the commencement date of the national restrictions, will receive £4,500.00

In addition to this, the Government has announced a further one-off payment for businesses with a Business Rates account that have legally required to close.  These payments will be:

  • Businesses occupying hereditaments appearing on the local rating list with a rateable value of exactly £15,000 or under on the date of the commencement of the national restrictions, will receive a payment of £4,000.00
  • Businesses occupying hereditaments appearing on the local rating list with a rateable value over £15,000 and less than £51,000 on the date of the commencement of the national restrictions, will receive a payment of £6,000.00
  • Businesses occupying hereditaments appearing on the local rating list with a rateable value of exactly £51,000 or above on the commencement date of the national restrictions, will receive £9,000.00

Upcoming Grant Schemes

Restart Grants from April 2021

In the recently announced Budget 2021, the Government announced a new round of grants to further support businesses and give them the cash certainty they need to plan ahead and safely re-launch trading over the coming months through the stepped reopening plan. 

This scheme will be administered in line with Government requirements.

The government will provide ‘Restart Grants’ in England of;

  • up to £6,000 per premises for non-essential retail businesses
  • up to £18,000 per premises for hospitality, accommodation, leisure, personal care and gym businesses

We are not currently accepting applications  for this scheme, or able provide further details to businesses who contact us directly.


Historic Business Support Grants

Any grant scheme/s detailed below have now closed to applications and are published in this Historic Business Support Grants section for reference only. As and when further Coronavirus grant schemes are retired, by either government or the Council (discretionary schemes), their details will be published below.

Local Restrictions Support Grant (Open)

This scheme closed to applications on Friday 18th December 2020 at 5.00pm.

The Local Restrictions Support Grant was a scheme designed to support businesses that were affected when entering Tier 2 local restrictions in Nottinghamshire on 14th October 2020. 

This discretionary scheme and the level of funding provided to councils to administer was based on the number of hospitality, leisure and hotels within the area. Grant applications to this scheme and payment amounts were determined in-line with the Council's Covid Business Grants Support Policy.

Awards were for each 28-day period that the area remained in Tier 2 or in Tier 3 (or awarded on a pro-rata basis if the period is less than 28 days). Please note, that this scheme was suspended from 5th November 2020 when England entered National Restrictions. 

  • For hospitality, leisure and hotel businesses and have a business premises, Business Rates account and a rateable value.
  • Awards will be based on the business premise rateable value.
  • Businesses are able to claim grants for each qualifying business premises.
  • Grants of up to £934 per 28-day period for businesses occupying hereditaments with a rateable value of exactly £15,000 or under on the date of the commencement of the local restrictions.
  • Grants of up to £1,400 per 28-day period for businesses occupying hereditaments with a rateable value over £15,000 and less than £51,000 on the date of the commencement of the local restrictions.
  • Grants of up to £2,100 per 28-day period for businesses occupying hereditaments with a rateable value of exactly £51,000 or above on the date of the commencement of the local restrictions. 

Additional Restrictions Grant (ARG)

This scheme closed to applications on Sunday 14th February 2021 at 5.00pm.

Local Authorities received a one-off lump sum payment from the Government, amounting to £20 per head in each eligible Local Authority when Tier 3 or widespread National Restrictions are imposed.

Local authorities could use this funding for business support activities. The Council agreed to use this funding primarily for discretionary grants, but also for wider business support activities. Nottinghamshire Councils have worked together to create a consistent scheme across the County. 

The scheme will:

  • Support those in the non-essential retail, hospitality, leisure and accommodation sectors.
  • Support those that directly supply the retail, hospitality, leisure and accommodation sectors.

Read how applications were determined and further information on the amounts  paid from 20th January 2021 here -  Additional Restrictions Grant - phase 2 (.pdf) (74.2KB) (Opens in a new window)

Christmas Grant Support for ‘Wet Led’ Pubs

This scheme closed to applications on Sunday 28th February 2021.

The Government has announced a further one off grant to support Wet Led Pubs during Christmas 2020. 

This scheme was be administered in line with Government requirements. The scheme will:

  • Support Wet Led Pubs by a flat rate of £1,000 where they are able to demonstrate that less than 50% of their income derives from sales of food.

Businesses that qualified for this grant should have been contacted directly by the Council to complete a short application form, following a previously successful award of the Local Restrictions Grants awarded during National Restrictions.

 


Other support schemes

Government Support Schemes website

A business support scheme section has been created on the  government's website,  to outline all of the support available to businesses to help through the Coronavirus (COVID-19) pandemic.

View the Business Support Government website (Opens in a new window).

 Coronavirus Job Retention Scheme (Furlough) - Extended until September 2021

An announcement from the Chancellor provided more details on the decision to further extend the Furlough scheme until the 30th September 2021.

The existing scheme will change from 1st July 2021, where businesses will be asked to further contribute to the cost of furloughed employee wages. The level of grant available to employers under the scheme will stay the same until the 30th June 2021. Find out more about the scheme's extension and changes from 1st July 2021 here - Changes to the Coronavirus Job Retention Scheme (Furlough) (Opens in a new window).

Claiming Furlough (for businesses)

Check if you can claim for employee wages via the extended scheme, use the payment claim calculator and access the PAYE portal via -  Coronavirus Job Retention Scheme (Furlough) main page (Opens in a New Window).

Please note that employers will only be able to claim for employees who have previously been furloughed for at least 3 consecutive weeks, taking place any time between 1st March 2020 and 30th June 2020. The employer must have also submitted a claim for this by 31st July 2020. You can also no longer submit claims for claim periods on or before 31st October 2020. 

Grants for self-employed people (SEISS)

The previous round of grants paid under the Self-Employed Income Support Scheme (SEISS), closed to applications on 29th January 2021. You can no longer apply for support to cover the impact from Coronavirus, in the trading period between 1st November 2020 and 29th January 2021.

Future financial support for the self-employed

On the 3rd March 2021 the Chancellor announced TWO further rounds of SEISS grant payments.

Applications for the next round (fourth) of the SEISS will open in late April and close on the 31st May 2021 . The fourth round of the SEISS will cover the trading period February to April and is worth 80% of trading profits, capped at £7,500 to be paid in a single instalment. This amount is inline with the third SEISS payment.

Applications for the fifth and final SEISS grant will open in late July 2021. The amount of the fifth grant will be determined by how much your turnover has been reduced in the year April 2020 to April 2021.

The fifth grant will be worth:

  • 80% of 3 months’ average trading profits, capped at £7,500, for those with a turnover reduction of 30% or more.
  • 30% of 3 months’ average trading profits, capped at £2,850, for those with a turnover reduction of less than 30%.

For further information and to stay up to date on any further SEISS announcements,  visit the government's Self Employment Income Support Scheme Extension webpage (Opens in a new window). 

Protection from eviction for commercial tenants

Read the Government's guidance on rent for commercial tenants (Opens in a new window).

Coronavirus Bounce Back Loan Scheme (BBLS)

The Bounce Back Loan Scheme (BBLS) is designed to help small and medium-sized businesses to borrow between £2,000 and up to 25% of their turnover. The maximum loan available is £50,000. The government guarantees 100% of the loan and there won’t be any fees or interest to pay for the first 12 months. After 12 months the interest rate will be 2.5% a year.

The scheme will close to applications on 31st March 2021.

Businesses that may already have a Bounce Back Loan, but borrowed less than the full amount they were entitled to, can now top up their existing loan to the maximum amount. Any requests to top up an existing loan, must occur before the 31st January 2021.

Businesses are reminded that unlike the Grant Support Schemes, loans such as those available through the BBLS and other schemes, are repayable under the terms agreed between the applicant businesses and authorised lender.

Find out more information on the BBLS and apply for the scheme via the government's website - Coronavirus Bounce Back Loan Scheme Main Page (Opens in a new window)

Coronavirus Business Interruption Loan Scheme (CBILS)

The loan scheme is designed to help small and medium-sized businesses to access loans and other kinds of finance up to £5 million. The government guarantees 80% of the finance to the lender and pays interest and any fees for the first 12 months. Businesses applying for a support loan need to demonstrate, that they would be viable were it not for the pandemic and that they have been adversely impacted by the coronavirus.

The scheme will close to applications on 31st March 2021.

Businesses are reminded that unlike the Grant Support Schemes, loans such as those available through the CBILS and other schemes, are repayable under the terms agreed between the applicant businesses and authorised lender.

Find out more information on the CBILS and apply for the scheme via the government's website - Coronavirus Business Interruption Loan Scheme Main Page (Opens in a new window)

Coronavirus Large Business Interruption Loan Scheme (CLBILS) 

Similar the the CBILS, there is an additional loan scheme designed to support medium and large sized businesses to access loans and other kinds of finance up to £200 million. The government guarantees 80% of the finance to the lender. Larger businesses applying for a support loan need to demonstrate; that they would be viable were it not for the pandemic, that they have been adversely impacted by the coronavirus and that any loan agreed will enable that businesses to trade out of any short-term to medium-term difficulty resulting from coronavirus.

The scheme will close to applications on 31st March 2021.

Businesses are reminded that unlike the Grant Support Schemes, loans such as those available through the CLBILS and other schemes, are repayable under the terms agreed between the applicant businesses and authorised lender.

Find out more information on the CLBILS and apply for the scheme via the government's website - Coronavirus LARGE Business Interruption Loan Scheme Main Page (Opens in a new window

Recovery Loan Scheme - UPCOMING SCHEME

From 6th April 2021 the Recovery Loan Scheme will provide lenders with a guarantee of 80% on eligible loans between £25,000 and £10 million to give them confidence in continuing to provide finance to UK businesses. The scheme will be open to all businesses, including those who have already received support under the existing COVID-19 guaranteed loan schemes.

This scheme will effectively replace the and Bounce Back Loan (BBLS), Coronavirus Business Interruption Loan (CBILS) and Coronavirus Large Business Interruption Loan (CLBILS) schemes detailed above.

 


Guidance and advice

D2N2 Business Support

D2N2 have created a dedicated support page where businesses can find further information about the support available.

Find out more on the D2N2 website (Opens in a new window).

Futures for Business

Is your business looking for support through the pandemic? Futures work with businesses in Nottinghamshire looking to manage, motivate and support their workforce.

Some of the support that Futures can offer to help support businesses includes:

  • Recruitment support 
  • Candidate pool
  • Redundancy support
  • Apprenticeship delivery
  • Training provision 
  • Sub-contractors and employment agencies

Visit the Futures for Business website (Opens in a new window), call 0345 850 8899 or email hello@futuresforbusiness.com

HMOs

As we move into the recovery stages of COVID-19, the Government guidance has been updated and we want landlords and tenants to have the latest updates and answer a few questions that they may have. You can find all the latest guidance at www.broxtowe.gov.uk/hml

Advice in other formats

Doctors of the World are providing regular updates of translated guidance based on the NHS and the UK government’s advice and health information. The information is translated with the support of British Red Cross, Migrant Help, Clear Voice, and the Eastern European Resource Centre and is aimed at the migrant and asylum-seeking communities in the UK.


Staying up to date

The easiest way to stay up to date with the Council's updates is:

Further information


Contact
Economic Development
tel: 0115 917 3826