Don't miss out - businesses urged to take action on business grants: Small business grants

30 Mar 2020

Don't miss out - businesses urged to take action on business grants

Thousands of businesses are receiving letters from Ryedale District Council with guidance on how to access the government’s business grants.

The government has committed a range of measures to support businesses during the current Covid-19 public health emergency. One measure is to provide £10,000 grant funding to all businesses in receipt of small business rate relief, retail relief and rural rate relief. A grant of up to £25,000 is available for retail, hospitality and leisure businesses with a rateable value of between £15,000 and £51,000.

There is no application form for the grants, but some information is required from eligible businesses to allow the money to be paid. To make this as easy as possible, Ryedale District Council has launched a secure online form to collect the necessary data.

The council is also highlighting the fact that some small businesses who have not registered for business rates, will need to register before they can provide their information and receive a grant. This will apply to some businesses who have premises of a low rateable value, who get 100% Small Business Rates Relief on rates.

The relevant forms are available on www.ryedale.gov.uk/business-support under the Small Business Grant section and can be filled in now.

Councillor Keane Duncan, Leader of Ryedale District Council, said: “Ryedale District Council is working around the clock to get money out to businesses as soon as possible. We want the process to be simple and fast as we know there are people already in desperate need.

“We will publish on our website daily how many grants we have paid so that you can see that we are working through them. We aim to get the money in, and out, as quickly as possible but we need your help so please get the information to us."

Stacey Burlet, Chief Executive of Ryedale District Council, said:

“There are some businesses who have premises of a low rateable value, who get 100% Small Business Relief on rates. Because they don’t currently have to pay anything, they have never actually registered for business rates – in other words, they are off the radar. These businesses could potentially be eligible for the £10k grant but if they don’t come forward to register, we can’t do anything to help.

“If you are not registered for business rates – even if you don’t pay anything - we would urge you register online right now.  This will allow us to enter you on our system as an eligible organisation. You can then fill in the data collection form for the grant. Both online forms can be done at the same time, to make it as efficient as possible.”

The council’s specialist business team can be contacted on business@ryedale.gov.uk.