COVID-19 £25,000 Business Support Grant Scheme

£25,000 BUSINESS SUPPORT GRANT SCHEME FOR THE RETAIL, HOSPITALITY, TOURISM AND LEISURE SECTORS APPLICATION

A one-off grant of £25,000 is available to the ratepayers of businesses in the Retail, Hospitality, Tourism and Leisure sectors operating in a premises with a rateable value of £15,001 or up to £51,000. This is the rateable value on the 7th Valuation List on 15th March 2020 or the rateable value on the 8th Valuation List on 1st April 2020. This is only available if they were the ratepayer for a premises occupied for that business use on 15th March 2020.

Eligible ratepayers can apply for a one-off grant payment as detailed below up to the closing date of 20 May 2020. Only one grant is allowed per ratepayer regardless of the number of premises held.

This scheme has been provided to support businesses that are currently experiencing financial hardship, as a result of the Covid-19 pandemic, and have need for financial relief under the terms and conditions of the Business Support Scheme

This grant is aimed at helping keep companies in business and keep productive capacity so that they can recover. Its intention is to:

Protect jobs
Prevent business closure
Promote economic recovery
Please note the closing date for scheme registrations is 20th May 2020. Applications will be assessed and payments made as soon as possible where they demonstrate clear eligibility. In cases where eligibility is less clear it will be necessary to carry out further verification checks, you will be contacted where further information is required and payments will be made as soon as possible.

The grant payment will be sent directly to your bank account and you will receive an email confirming that the grant payment has been issued.

The Department reserve the right to reject applications that do not fully meet the eligibility criteria. In these cases written notification will be sent as soon as the rejection decision is made. These notifications will clearly detail the reason the application was declined.

Please complete all of the parts of this application that apply to you in full.

https://www.covid-19smallbusinessgrants.economy-ni.gov.uk/BusinessGrant25K/

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