05 Nov COVID19 Business Grants – Latest Update from MSDC
The Government as you may know have announced further COVID19 business grants to help businesses during this second national lockdown. There is various bits of guidance at https://www.gov.uk/government/publications/local-restrictions-support-grants-lrsg-and-additional-restrictions-grant-arg-guidance-for-local-authorities but I have attached the guidance for you below that I believe is more appropriate for businesses within Mid Sussex DC.
There are basically 3 schemes for these new grants I believe that may be applicable at this moment to Mid Sussex DC:-
The first one is the national grant scheme (the CLOSED FINAL LA guidance document attached) which is intended to help cover property costs. If you pay business rates you can get a mandatory grant for every 4 weeks based on your rateable value if you are closed by prescription by the Government (I have attached for your information the actual lockdown regulations which on page 31 lists the closed businesses and organisations).
The rate of grant payment for eligible businesses will be:
For properties with a rateable value of £15k or under, grants to be £1,334 per four weeks;
For properties with a rateable value of over £15k and below £51k, grants to be £2,000 per four weeks;
For properties with a rateable value of £51k or over, grants to be £3,000 per four weeks.
Please note that businesses and organisations who may qualify for this mandatory grant can do so online at www.grantapproval.co.uk from Monday 9 November 2020. If the lockdown goes beyond 4 weeks businesses and organisations will receive further payments every 2 weeks (for the 2 weekly amounts please refer to the attached guidance).
The Council is expecting to receive the funding from the Government during next week so will start making the grant payments shortly after this.
Additional Restrictions Grant (see guidance addition) which is a new discretionary grant fund is the second new business grant scheme.
This is a single allocation based on £20 per head of population (ONS 2019 Mid-Year Population Estimates) for each local authority to use to run a discretionary grant scheme, for example to closed businesses that do not have a rateable value or have costs that are significantly higher. Discretionary grants can also be paid to businesses that are severely impacted rather than closed. The allocation can also be used for other direct business support at the discretion of the local authority, for example support for businesses from Growth Hubs. Mid Sussex DC has received just over £3m for this grant fund which is a one off payment to cover the remainder of 2020/21 and 2021/22. There is no decision yet if we will pay the discretionary grant over several different rounds.
Mid Sussex DC hopes to give more details of this discretionary scheme I hope within the next couple of weeks. This discretionary grant scheme needs to be set up and approved by elected members at Mid Sussex DC. We will keep the business associations fully updated on this and we are likely to seek grant claims during a fixed period window. Once again once when we open up the discretionary grant scheme we will accept discretionary grant claims online at www.grantapproval.co.uk.
The third scheme relates to specific properties that have been closed throughout the last few months. These are Nightclubs, dance halls, and discotheques, sexual entertainment venues and hostess bars. If anyone has such a business rates and is such a business please contact the Council via the email address given below. I have also attached this guidance.
We will in coming days be updating our Council website. Could I also please ask that if anyone needs to contact the Council regarding grants they do so via email to Businesssupport@midsussex.gov.uk.
We will I promise come back to you as quickly as we can to any emails received. We also are continuing to receive guidance on these new COVID19 business grants and I promise to keep you all fully updated.
Mr Kevin Stewart, FIRRV, MAAT, MCMI
Business Unit Leader Revenues and Benefits
Mid Sussex District Council