New grant launches to support St Helens businesses
A one-off financial support package, the Restart Grant will be available from April 1, 2021 to support businesses to reopen following the easing of national coronavirus restrictions.
The new national grant will replace the Local Restrictions Support Grant. The deadline to submit new applications to the Local Restrictions Support Grant is March 31, 2021 for the period prior to February16, 2021 and May 31, 2021 for the period between February 16 and March 31, 2021.
Since October 2020, St Helens Borough Council has provided £11m of grants to businesses that have been required to close due to local and national restrictions.
Payments for the Restart Grant will be based on the rateable value of the property and the sector in which the business operates.
Non-essential retail will receive grants of either £2,667, £4,000 or £6,000 whilst hospitality, accommodation, leisure, personal care, and gym sectors will be eligible for grants of either £8,000, £12,000 or £18,000.
Businesses eligible for the Restart Grant:
Should be trading and be liable for Business Rates at a property within the borough of St Helens as of April 1, 2021;
Premises should predominantly provide in-person services to customers within the following sectors: non-essential retail; hospitality, accommodation, leisure, personal care, gym, or sports;
Have not exceeded 'state aid' subsidy allowance limits;
Are not in administration, insolvent or has a striking-off notice issued against it.
Coun Kate Groucutt, St Helens Borough Council's Cabinet Member for Education, Skills and Business, said: “We know that during the pandemic our local businesses have had it extremely tough and many may have slipped through the cracks when it has come to being eligible for support grants.
“I’m delighted that we can now offer this new grant to help support even more businesses to open up and get back to work as lockdown restrictions ease. We are committed to providing as much funding and support as possible to our local businesses in the St Helens borough.”
To date, more than 1,700 businesses across the Liverpool City Region have been supported with grants and top-ups. It is forecasted that the Local Support Grant will have an overall payout of between £1.1m and £1.3m in St Helens.
For more information about the Restart Grant and how to apply, visit: https://www.sthelens.gov.uk/coronavirus/businesses-employers-and-jobs/restart-grant/ For information about support available to businesses locally, visit: https://www.sthelens.gov.uk/coronavirus/businesses-employers-and-jobs/