North Northants businesses urged to apply for grant fundingBusiness and licensing
Eligible businesses in North Northamptonshire are being encouraged to come forward and apply for grant funding before applications close on Sunday, 13 June.
North Northamptonshire Council (NNC) is currently administering the Discretionary Restart Grant, alongside the Local Business Hardship Fund and is asking local business owners to check their eligibility and complete an online application form.
It goes without saying that the pandemic has been difficult for everyone, and although restrictions are starting to lift, the impact on businesses across North Northamptonshire is still being felt and these grants will be a helping hand for those most in need.Cllr Steven North, Executive Member for Growth and Regeneration
We would urge any business owner who thinks they might be eligible to read through the criteria and then apply for a grant before 13 June.
Details about each of the funds can be found below, including examples of which businesses are eligible and how to apply.
Discretionary Restart Grant
The North Northamptonshire Discretionary Restart Scheme is designed for the following business who are not eligible for the mandatory Restart Scheme as their business does not have a rateable value. This includes the following sectors:
- Non-Essential Retail
- Gyms & Sports
- Personal Care
For properties with a rateable value of £15,000 or under or Micro Business (0-9 employees) with no rateable value - £2,191 grant is available.
For properties with a rateable value of over £15,000 and below £51,000 or Small Business (10-49 employees) with no rateable value - £3,286 grant is available.
For properties with a rateable value of £51,000 or over or Medium Business (50-250 employees) with no rateable value - £4,928 grant is available.
For more information and to apply please visit the Covid-19 restart grant pages of the council’s website.
Local Business Hardship Fund
The aim of this fund is to support local independent businesses which have been significantly impacted financially by Covid 19 restrictions, the severity of which is beyond the support which has been available under the existing programmes.
Priority will then be given to businesses that fall within the following categories, and those that supply for the following:
- Creative & Cultural
- Hospitality, Leisure and Retail
In order for this grant to benefit the maximum number of eligible businesses, grants will be directly proportionate to fixed property costs, income loss and number of employees. It is proposed grants will start from £10,000 and are proportionate to the financial impact and hardship evidence by the applicant.
For more information and to apply visit the Covid-19 business hardship fund pages of the council’s website.