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Wednesday, January 20, 2021

Covid support for businesses in Denbighshire extended

A grant available to businesses impacted by coronavirus restrictions has been extended.

The Welsh Government Restrictions Discretionary Grant of £2,000 is available to assist any business without a business premises and registered with business rates that has been forced to close or has experienced a drop in turnover of 40% or more as a result of the restrictions introduced in Wales on December 4. 

The scheme was initially opened in Denbighshire on December 15 for businesses in the hospitality sector and supply chain businesses linked to the hospitality sector. 

The scheme, which is being administered by Denbighshire County Council on behalf of the Welsh Government, has now been extended to any business that meets the eligibility criteria set out in the guidance.

Examples of eligible businesses are:

A limited company with a turnover of between £10,000 and £50,000

Sole traders / partnerships with a turnover less than £85,000

The business must be your main source of income (more than 50%)

Businesses eligible for, or who have received, the Restrictions Business Fund Non Domestic Rate Grant and / or the Economic Resilience Fund Sector Specific Support Grant are not eligible for this discretionary grant.

Only one application per business is applicable and will be dealt with on a first come first served basis. 

Applications may take up to 30 working days to process.

There is no automatic payment for the grant; businesses are required to complete an on-line form.

You can apply for this grant, and find information about other financial schemes, at www.denbighshire.gov.uk/en/coronavirus/emergency-support-for-businesses.aspx

 

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