Businesses in South Kesteven who have been forced to close due to national lockdown restrictions to help control the spread of Covid-19 can now apply for Government grant support from InvestSK.
Two programmes are available offering eligible businesses between £1,334 and £3,000 in grant funding for every four weeks they’re required to remain closed. The restrictions currently in place run from 5 November to 2 December.
Under the Local Restrictions Support Grant, which is designed to support rate paying businesses, applicants’ eligibility and the amount they can claim will be assessed based on the rateable value of their business premises.
The Additional Restriction Grant is to support businesses that will continue to be severely affected during the coming months. South Kesteven District Council will be developing detailed guidance for this programme in due course but, in the meantime, is prioritising some of the funding to support non-rate paying overnight accommodation businesses forced to close during the current national restriction period.
Working on behalf of and in partnership with South Kesteven District Council, both grant programmes are being administered by InvestSK - the district’s economic growth and regeneration company - with full details and the application form available on the InvestSK website, here: www.investsk.co.uk/businessgrants
Cllr Kelham Cooke, Leader of South Kesteven District Council and Chairman of InvestSK, said: “The latest restrictions on businesses are a blow to the economy but are crucial in helping to reduce the spread of Covid-19 and protect the health of our residents.
“I’m pleased InvestSK will once again be administering the Government’s grant programmes locally, providing crucial support for so many businesses in South Kesteven - just as we did during the last national lockdown.
“We know from speaking to businesses then how important it is to get this funding processed and out as quickly as possible, so I’m really pleased that we’ve committed to paying eligible businesses that correctly complete all sections of the application form within five working days.
If you’re not eligible for grant funding but would like to discuss other finance options or more general business support, contact InvestSK by emailing [email protected]
