Coronavirus: Second phase of business grants launched

A second phase of grants for businesses impacted by coronavirus has been launched by Shropshire Council.

The additional discretionary grant fund has been set up to support firms who have been hit by the second coronavirus lockdown, and has gone live on Shropshire Council’s website.

The scheme will follow the same level of grant payments that the recently launched Local Restrictions Support Grant does, but will also be available to eligible businesses who are not the business rates payer, and those operating from residential premises.

The first phase has already helped hundreds of businesses in the county, with thousands of pounds of grants already being processed.

Businesses within the events and retail, hospitality and leisure supply chain will be treated as priority, and businesses that cannot show losses of more than 30 per cent will not be considered.

The scheme is being limited to a three week period and will close earlier should funds be allocated more quickly.

Grants will be awarded at three levels as follows:

• A grant of £1,334 for:
  • Properties with a rateable value of £15,000 or under
  • Where businesses are not the business rates payer.
  • Where a business operates from a residential premises.
• A grant of £2,000 for properties with a rateable value of between £15k-£51k.
• A grant of £3,000 for properties with a rateable value of £51k or over.

To be eligible through this scheme, details on impact will be required to ensure grants go to those businesses most in need.

To apply, visit: https://shropshire.gov.uk/covid19darg

Funding through the Local Restrictions Support Grant is also available and can be accessed by visiting the following site: https://shropshire.gov.uk/covid19lrsg