Ryedale District Council’s getting business grants out the door to help this Christmas
Ryedale District Council is getting the latest round of business grants out the door as quickly as possible to help businesses in need this Christmas.
So far, over £1.3 million has been given to 853 local businesses in Ryedale that had to close their doors during the second national lockdown, or had not been eligible for other grant support.
Payments for the new mandatory Local Restrictions Support Grant (LRSG) commenced from 18 November and the discretionary Additional Restrictions Grant (ARG) payments started on 1 December.
Councillor Keane Duncan, Leader of Ryedale District Council said:
“This year has dealt one blow after another for Ryedale businesses and it’s been our priority throughout COVID-19 to support lives and livelihoods. Many businesses are really struggling and we must do all we can to help them.
”Ryedale District Council Officers have been working around-the-clock to process the latest grant applications as they know, that in many cases, the money will help keep our local businesses afloat. Now, more than ever we need to support our businesses and I’d encourage citizens to shop local, save jobs.”
Eligible businesses for the Local Restrictions Support Grant (LRSG) mandated to close by Government in the second national lockdown include:
- Businesses with a rateable value of exactly £15,000 or under on the date of the commencement of the widespread national restrictions. They will receive a payment of £1,334 per 28-day qualifying restriction period.
- Businesses with a rateable value over £15,000 and less than £51,000 on the date of the commencement of the widespread national restrictions. They will receive a payment of £2,000 per 28-day qualifying restriction period.
- Businesses with a rateable value of exactly £51,000 or above on the commencement date of the widespread national restrictions. They will receive a payment of £3,000 per 28-day qualifying restriction period.
The discretionary scheme is there to support businesses that have been severely affected by the second national lockdown, if they’re not eligible to claim a grant under other available schemes.
Grants under the discretionary scheme can be claimed for the period 5 November 2020 to 2 December 2020 and at any future time Ryedale is placed into Local COVID Alert Level 3 (Very High) or another national lockdown.
The original Business Support Grant Scheme ran from April - September which resulted in £23.9m being paid out to more than 2000 businesses.
Ryedale District Council is working extremely hard on Tier 2 grants for businesses and will open them up as soon as it can, which is likely to be in the new year.