Covid19 Grant Funding

1 Apr 2020

In response to the Coronavirus (COVID-19) pandemic, the Government announced there would be support for small businesses and businesses in the retail, hospitality and leisure sectors.  This support will take the form of two grant funding schemes, the Small Business Grant Fund and the Retail, Hospitality and Leisure Grant. Please note: Recipients will receive one grant per eligible property.

Please apply using the online application form on the Council’s Webpage.

Am I eligible for the Cash Grant for Retail, Hospitality and Leisure?

You could be eligible if:

  • Your business is based in England
  • Your business was occupied and registered as a rate-paying business on 11 March 2020 and
  • Your business is in the retail, hospitality and/or leisure sector

Properties that will benefit from the relief will be occupied properties that are wholly or mainly being used as:

  • shops, charity shops, opticians, post offices, furnishing shops, car/caravan showrooms and car lots, markets, petrol stations, garden centres, art galleries (where art is for sale or hire)
  • restaurants, cafes, takeways, sandwich shops, drinking establishments, cinemas and live music venues
  • services including employment agencies, hair and beauty, travel agents, dry cleaners, tool hire, car hire, laundrettes, photo processing, shoe repairs, ticket offices, PC/TV/domestic appliance repair, betting shops and funeral directors
  • for assembly and leisure, including wellness centres, spas, massage parlours, public halls, bingo halls, clubs and institutions, nightclubs, theatres, gyms, tourist attractions, museums and art facilities, sports grounds/clubs and leisure facilities
  • hotels, guest and boarding premises, caravan parks and self-catering accommodation

Businesses in these sectors with a property that has a rateable value of over £15,000 and less than £51,000 may be eligible for a grant of £25,000.

Businesses with a rateable value of £51,000 or over are not eligible for this scheme.

Government guidance on whether you could be eligible for the grant can be found here.

Register on the Council’s Webpage for the Cash Grant for Retail, Hospitality and Leisure and you could receive a cash grant of up to £25,000 per property if you are eligible.

Am I eligible for the Small Business Grant Funding?

You could be eligible if:

  • Your business is based in England AND
  • You were eligible for small business rate relief or rural rate relief as of 11 March AND
  • You are a business that occupies property in Bath & North East Somerset as of 11 March 2020

Government guidance on whether you could be eligible for the grant can be found here.

Register on the Council’s Webpage for the Small Business Grant Funding, this could provide a grant of £10,000 to eligible businesses to help meet their ongoing business costs because of the disruption from Covid-19.

 

Additional support for businesses

Invest in Bath is co-ordinating support services to local businesses in light of the Covid-19 public health situation. We will be sharing further information regarding targeted business support and financial assistance, as and when further schemes are announced. If you do have specific concerns, questions or needs at this time, please email us at info@investinbath.co.uk

For other Government Covid-19 Business Support initiatives please our business support page.