Government Grants for Business
There are still almost 400 properties in Rossendale who have not yet contacted us and who may be eligible for grant funding. We are attempting to contact all potential qualifiers, but in many cases do not hold any contact details apart from the postal address of the business.
If you are either;
In receipt of small business rate relief (property with rateable value of less than 15,000 - this will be shown on your rate bill), or are a retail, leisure or hospitality business, with a rateable value of less than 51,00 and have not yet been in contact with us please complete the form below:
The Government has published an online tool which can be used to see if you are eligible for the grant and for any of the other Government Support Schemes
Government business grants
Grants will begin to be paid to eligible businesses in Rossendale, as part of the Government’s COVID-19 support package.
All Eligible businesses need to apply for these grants and provide all the necessary information to enable us to do this. With businesses encouraged to speed up the process by supplying bank, business and correspondence details through the form below.
Eligible businesses do not need to apply for these grants; the money will be paid automatically based upon the data that we hold.
The only action you as a business need to take is to ensure you have supplied us with as much information as you can about your business, we can then process the payment as quickly as possible.
Due to the extremely high number of grants that we need to process, it may take several weeks for some transactions to be cleared so we would encourage businesses to be patient.
We will prioritise those businesses which can be verified quickly, such as those whose bank details we already hold through direct debit payments but for those who require additional checks, it may take a bit longer.
Upload your business information using the form below and you can be assured your data will have been received and the process verified.
Once you submit the form you will receive an acknowledgement email.
Where you are unable to visit the business premises due to the current situation, you will have an option in the online form to add an optional correspondence address.
There are 3 grants available for small businesses in Rossendale
- £10,000 for businesses in receipt of Small Business Rates Relief (SBRR) or Rural Rates Relief (one grant per business)
- £10,000 for retail, hospitality or leisure businesses with a rateable value of £15,000 or less
- £25,000 for retail, hospitality and leisure businesses with a rateable value of greater than £15,000 but less than £51,000.
Please note: any businesses with a rateable value of £51,000 and over will not qualify.
If you are unsure of what your business rateable value is please refer to a previous bill. Alternatively you can visit the Valuation Office Agency website to find out more.
Businesses that occupy more than one property may be entitled to a grant for each of their eligible properties, subject to State Aid De Minimis limits.
- For businesses who are in receipt of Small Business Rates Relief State Aid limits remain at a maximum of €200,000 over the current and previous two financial years
- For most other retail, hospitality and leisure businesses State Aid limits have been increased to a maximum of €800,000 over the current and previous two financial years
Further information on State Aid law can be found at www.gov.uk/state-aid
What happens next
The council has been processing payments to businesses since 6 April. We have already paid out £12.8m to nearly 1,200 eligible businesses and would encourage the small number of remaining ones to submit their form. Letters will be sent to confirm when payment has been made.