Business support grant applications are now live

Local Restrictions Support Grant for businesses that closed from 5 November 2020
7 December 2020

Following the Prime Minister’s announcement on Saturday 31 October 2020 regarding a national lockdown from Thursday 5 November 2020 - Wednesday 2 December 2020 additional grant funding has been made available to those business who are facing restrictions.

 

During this period a single grant to cover the four-week period will be paid to each eligible business. The grant amounts will be fixed. Businesses with more than one qualifying property will receive more than one grant. 

The rate of payment for eligible businesses will be:

  • For properties with a rateable value of £15k or under, grants to be £1,334 per four weeks;
  • For properties with a rateable value of over £15k and below £51k, grants to be £2,000 per four weeks;
  • For properties with a rateable value of £51k or over, grants to be £3,000 per four weeks

If you have been able to continue to trade during the Lockdown period you will not be eligible to receive grant funding.

Please note that applications are being taken and rejections dealt with but due to system constraints these won’t be paid out for 28 days.

Grants provision prior to 5th November

If you have any additional queries or would like to provide us with any further information please feel free to contact us at the Newham Business Desk. We can be reached via phone on 0203 373 7373 or via email at newhambusinessdesk@newham.gov.uk.

 

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