Support For Businesses

Support For Businesses

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

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Re-opening of Businesses at STEP 4

More information and guidance about the operation of businesses safely during the pandemic is available on our Open for Business page. This includes details of compulsory face coverings in certain business settings, due to the recent government response to the Omicron variant.


COVID-19 Business Support Grants

As of 1st July 2021, all government announced COVID-19 business support grants administered by local Councils, as well as discretionary grant schemes like the Additional Restrictions Grant (ARG), have all now closed.

Historic Business Support Grants

The information is currently retained on this webpage so that businesses may review any eligibility or payment amount queries in relation to those legacy schemes independently. 

To view further information about these historic business support grants, please see Appendix B of - The Broxtowe Borough (BBC) Covid Business Grants Support Policy, Guidance Notes and Checklist - July 2021 revision (.pdf) (229KB) (Opens in a new window).

For information about the most recent discretionary Additional Restrictions Grant (ARG) scheme which is also closed, please see – Additional Restrictions Grant (ARG) Guidance, post April 2021 (.pdf) (152KB) (Opens in a new window).

Details of grant amounts paid under these retired schemes can also be found here - Business Support Grants Payments Table (.pdf) (48.8KB) (Opens in a new window) .

Grant support schemes now closed to applications:

  • Local Restrictions Support Grant (Open) - Tier 2, Oct 2020
  • Local Restrictions Support Grant (Closed) - Tier 3, Oct-Nov 2020
  • Tier 3 Closed and Tier 3 Open - from 2nd Dec to 16th Dec 2020
  • Local Restrictions Support Grants (Closed) Addendum - National Restrictions, 5th Nov 2020
  • Local Restrictions Support Grant (Closed) - Tier 3 Open from 2nd Dec 2020
  • Tier 4 Closed - 1st Dec 2020 - 4th Jan 2021
  • National Lockdown Grant (Closed) - from 5th Jan 2021
  • Christmas Grant Support for ‘Wet Led’ Pubs
  • Local Restrictions Support Grant (Sector)
  • Additional Restrictions Grant (ARG) - Up to 14th Feb 2021 Only
  • National Restrictions Grant - 16th Feb to 31st Mar 2021
  • Additional Restrictions Grant (ARG) - From 1st April - 31st May 2021
  • Restart Grant (both strands) - From 1st April - 30th June 2021

Other financial support schemes

The financial support schemes listed in this section are not administered by the Council.  For more information and to apply to these schemes, please follow the applicable link/s to the corresponding support scheme overview.

Recovery Loan Scheme (RLS)

The Recovery Loan Scheme is open to help businesses of any size access loans and other kinds of finance so they can recover after the pandemic and transition period.

Up until 1st January 2022, the RLS will provide to eligible businesses the following:

  • Term loans or overdrafts of between £25,001 and £10 million per business,
  • Invoice or asset finance of between £1,000 and £10 million per business.

No personal guarantees will be taken on facilities up to £250,000 and a borrower’s principal private residence cannot be taken as security.

There are a number of different lending providers for the RLS, which UK businesses can choose to apply for support through. The RLS provides those 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 businesses. The scheme will be open to all businesses, including those who have already received support under the existing COVID-19 guaranteed loan schemes.

The RLS is open to applications until 30 June 2022.

Changes to the RLS from 1 January 2022

At Autumn Budget 2021, the Chancellor announced that the Recovery Loan Scheme would be extended until 30 June 2022.

From 1 January 2022, the following changes to all offers made will come into force:

  • The scheme will only be open to small and medium sized enterprises;
  • The maximum amount of finance available will be £2 million per business, reduced from £10million;
  • The guarantee coverage that the government will provide to lenders will be 70%, reduced from 80%.

For more information and to apply please visit the Government's Recovery Loan Scheme (RLS) guidance for businesses (Opens in a new window).

Coronavirus Job Retention Scheme (Furlough)

The Coronavirus Job Retention (Furlough) scheme has now closed.

Self-Employed Income Support Scheme (SEISS) - Final round

The fifth (and final) round of SEISS grant has now closed.


Guidance and advice

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).

Code of Practice for the commercial property sector

The government has published a Code of Practice to encourage commercial tenants and landlords to work together to protect viable businesses as we enter the recovery phase of the pandemic. Developed in close collaboration between government and leaders from the sector, the code is designed to provide clarity for businesses when discussing rental payments and to encourage best practice, so that every part of the chain is supported.

Read the government's guidance for commercial property sector (Opens in a New Window).

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

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


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