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NewsRestart Grant

April 22, 2021by Sam Hosegood0
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The latest Government grants for businesses in Devon are now available

How much funding will be provided?

The value of these grants has been set by Central Government:

2021 Restart Grants

On 3rd March 2021, the government announced the introduction of grant support for non-essential retail, hospitality, accommodation, leisure, personal care & gym businesses in England known as the Restart Grant. 

The amount of funding businesses will receive is based on your business sector and dependant on the current rateable value of your premises.

Non-essential retail businesses

Non essential retail premises may be eligible for one-off grants of up to £6000 with the following thresholds applying to this sector:

• For properties with a rateable value of £15,000 or under on 1st April 2021, a one off payment of £2,667 is available.

• For properties with a rateable value of £15,001 and less than £51,000 on 1st April 2021, a one off payment of £4,000 is available.

• For properties with a rateable value of £51,000 and over on 1st April 2021, a one off payment of £6,000 is available.

Hospitality, accommodation, leisure, personal care & gym businesses

Business with premises in these industries may be eligible for one-off grants of up to £18,000 with the following thresholds applying to these sectors:

• For properties with a rateable value of £15,000 or under on 1st April 2021, a one off payment of £8,000 is available.

• For properties with a rateable value of £15,001 and less than £51,000 on 1st April 2021, a one off payment of £12,000 is available.

• For properties with a rateable value of £51,000 and over on 1st April 2021, a one off payment of £18,000 is available.

How to apply:

https://www.northdevon.gov.uk/business-grants/

If you require any help applying for these grants then don’t hesitate to drop us an email or give us a call and we’d be happy to help.

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