The government’s covid tier system has meant that many businesses, particularly in Tier 4, are forced to close or are placed under trading restrictions. These businesses may be eligible for a business support grant.
Falkirk still finds itself in Tier 3 and so this support may not apply, yet. Stirling and other areas however have been moved to Tier 4 and are more likely to be eligible for this support.
To be eligible for these specific grants the applicant must be a Non-Domestic Rates Payer (Business Rates) as support is linked to this mechanism.
There are two types of funding:
Business Temporary Closure Fund
A grant of £2,000 or £3,000 (depending on rateable value) for businesses required to close by law for the duration protective measures are in place.
£2, 000 if their premises have a rateable value of up to and including £51,000; or
£3,000 if their premises have a rateable value of £51,001 or above.
Funds will be payable every 4 weeks in arrears for the duration measures are in place.
Business Restrictions Fund
A grant of £1,400 or £2,100 (depending on rateable value) for businesses that remain open but are specifically and legally required to modify their operations as a result of protective measures, eg your business is required by law to close earlier than normal.
£1,400 if their premises have a rateable value of up to and including £51,000; or
£2,100 if their premises have a rateable value of £51,001 or above.