Business grants open for applications

May 6, 2021

The new North Northamptonshire Council ARG and Discretionary Grants are now live and open for applications from eligible businesses.

There are 2 grants – the Discretionary Restart Grant and the Local Business Hardship Fund.

The Discretionary Restart Grant is for:

Business who are not eligible for the mandatory Restart Scheme as their business does not have a rateable value (EV) and are in the following sectors:

  • Non Essential Retail
  • Hospitality
  • Leisure
  • Accommodation
  • Gyms & Sports
  • Personal Care

 

The Hardship Fund:

The Scheme includes both a financial grant and business support. This scheme is aimed at small and medium sized independent businesses that;

  • Have between 10-250 employees, and
  • a balance sheet total of no more than £18million or annual turnover no more than £36million

and due to the COVID19 pandemic restrictions;

  • Has been forced to close under the governments mandatory closure guidance businesses that were required to close either with or without a rateable value

OR

  • While not legally forced to close are nonetheless severely impacted by the restrictions, with or without a commercial property (for example businesses which supply or service those mandated to close). In the event the business does have a commercial property with a rateable value, the businesses who, according to the billing authority’s records, was the ratepayer in respect of the hereditament on 5th November is eligible to apply.

The Hardship Fund prioritises these sectors:

    • Accommodation
    • Charities
    • Creative & Cultural
    • Hospitality, Leisure and Retail
    • Manufacturing

 

Further information about the Discretionary Restart Grant is available here.

Further information about the Hardship Fund is available here.

To apply direct for a Discretionary Restart Grant visit: www.northnorthants.gov.uk/restartdisc

To submit an application for a Hardship Grant visit: www.northnorthants.gov.uk/hardshipfund

*Applications to the Hardship Fund will be subject to financial checks and assessments.

A further Restart grant is available for businesses with a Business Rates liability, which is managed by the North Northants Business Rates team. Click here for further details: https://www.northnorthants.gov.uk/coronavirus-covid-19/restart-grant