Grant funding for hospitality businesses affected by restrictions
Poster information
Posted on: Wednesday 16 December 2020
Businesses in the hospitality sector who occupy a business premises and who are liable to pay rates but did not apply for a Non Domestic Rate Grant through the recent lockdown funding are able to apply for funding support from today (Wednesday, December 16) if they have been directly impacted by the current national restrictions.
This Non Domestic Rate Grant is one part of the £160m Welsh Government Restrictions Business Fund which is being delivered by local authorities.
There are three separate award options available to hospitality, tourism and leisure businesses and their supply chain and retail businesses
A: A £3,000 cash grant payment for hospitality businesses with SBRR qualifying hereditaments with rateable value £12,000 or less.
B: A £5,000 cash grant payment for hospitality businesses occupying hereditaments with a rateable value between £12,001 and £51,000.
C: A £5,000 cash grant payment for hospitality businesses occupying hereditaments with a rateable value between £51,001 and £150,000.
The purpose of the grant is to provide businesses with cash flow support and to help them survive the economic consequences of the restrictions introduced. The grant seeks to complement other Covid-19 response measures to support businesses, social enterprises and charitable organisations in Wales.
To apply complete the online form on the Bridgend County Borough Council website.
Last week, hospitality businesses who occupy a business premises, are liable to pay rates and received a grant during the recent firebreak lockdown funding were awarded an automatic payment relating to the Non Domestic Rate Grant if they have been affected by the current restrictions.
From January 4, a further application process will open for businesses who occupy a business premises linked to the hospitality sectors, and some retail businesses, that can demonstrate a material impact to their trading activity as a result of the additional restrictions introduced.
More information on the different types of funding available for businesses can be accessed on the Bridgend County Borough Council website.
Further funding available includes the Discretionary Grant which is a £2,000 grant available to business who are not liable to pay business rates who have been forced or required to close as a result of the national restrictions put in place for hospitality businesses or estimate that the latest restrictions put in place will result in at least a 40% reduction in their turnover for December 2020 as compared to December 2019 (or September 2020 turnover if not trading in December 2019).
Where businesses have submitted applications, the council aims to process them within 30 working days from the date an application has been received when it has been correctly completed with any relevant supporting information.
The council’s deputy leader Hywel Williams said: “I would urge all eligible businesses in Bridgend county borough who have been affected by this latest set of measures to apply.
“We kindly ask businesses not to contact the council to check on the progress of an application – we understand the importance of ensuring these applications are assessed as quickly as possible but the whole process can be delayed when dealing with businesses checking on their status.”
All applications will be considered on an individual basis and payment of the grant is at the discretion of Bridgend County Borough Council.
Applications will be dealt with on a first come first served basis. This may lead to applications not being appraised after they have been submitted if the fund is fully committed. Applicants will be notified of this by email.