Huntingdonshire District Council will launch the new Local Restrictions Support Grant (LRSG) on Monday 16 November. A new process is being set up to distribute money to businesses on behalf of the government, in response to the second national lockdown which came into force on Thursday 5 November.
The Local Restrictions Support Grant (LRSG) has both mandatory and discretionary elements. The mandatory element will support businesses that were open as usual, providing services in-person to customers from their business premises, but which were then required to close due to lockdown restrictions imposed by the government. Learn more about the government's support for businesses.
Eligible businesses will receive the following amounts based on the rateable value of the property:
Businesses occupying hereditaments appearing on the local rating list with a rateable value of exactly £15,000 or under on the date of the commencement of the widespread national restrictions will receive a payment of £1,334 per 28-day qualifying restriction period.
Businesses occupying hereditaments appearing on the local rating list with a rateable value over £15,000 and less than £51,000 on the date of the commencement of the widespread national restrictions will receive a payment of £2,000 per 28-day qualifying restriction period.
Businesses occupying hereditaments appearing on the local rating list with a rateable value of exactly £51,000 or above on the commencement date of the widespread national restrictions, will receive £3,000 per 28-day qualifying restriction period.
The discretionary element is the Additional Restrictions Grant (ARG) fund where we have chosen to help businesses outside the business rates system which have been forced to close or have been severely impacted by the restrictions to control the spread of COVID-19.
We have chosen to use part of the Additional Restrictions Grant (ARG) fund for a discretionary grant scheme, for those businesses that were eligible for the previous discretionary grant scheme in the summer, for example: bed and breakfasts, shared workspaces, market traders and charities. They will receive a one-off payment of £1,000 to cover the period of national lockdown (5 November to 2 December 2020).
Some of the discretionary fund will be used to support activities linked to the economic growth strategy, to provide longer term and sustainable support to the businesses and the economy. A plan for the use of the remaining funds will be shared once the economic growth strategy for the council is published.
Executive Leader of the council, Cllr Ryan Fuller, said: "We have been strong in our support for local businesses so far and we want to ensure those who are eligible can access funds to help see them through this second national lockdown. We will ensure these new funds are distributed as swiftly as possible once the application process goes live on Monday 16 November."
The Mandatory scheme will open to applications at 10am on Monday 16 November online on our website and close on Monday 30 November. Further detail on how businesses can apply will be shared on our website and social media in due course. Applications for the Discretionary element of the scheme do not yet have an opening date.
Please note, to access the application form when live, businesses will need to use a My.Huntingdonshire account. If you do not have a My.Huntingdonshire account you can register for one ahead of application forms going live on Monday 16 November. More information on the new national restrictions is available via We are Huntingdonshire, our dedicated COVID-19 portal.