Cornwall's Additional Restrictions Grant fund to prioritise eligible businesses unable to claim other forms of coronavirus support
Cornwall Council has launched the application process for the Additional Restrictions Grant (ARG) scheme, aimed at businesses which have been forced to close or limit trading during the second coronavirus lockdown.
Cornwall has been allocated £11.4m by the Government for the scheme, designed to support businesses with fixed ongoing costs such as rent or mortgage payments, loans or lease agreements for capital equipment or rental of workspaces (such as at salons).
Full details are available at www.cornwall.gov.uk/BusinessSupportGrant - businesses have until 5pm on Monday, November 30 to apply.
Those eligible for a grant of up to £3,000 include businesses which:
Are Cornwall based and owned
Have been forced to shut and are not business rate registered
Have significantly reduced trading as a result of the national lockdown between Thursday 5 November and Wednesday 2 December
Are ineligible for the Government’s new Local Restrictions Support Grant (LRSG)*
*The only exception to this is businesses with a rateable value of more than £51,000 which have not previously received any Government coronavirus grant support.
Tim Dwelly, Cornwall Council cabinet member for economy said: “We know how hard this lockdown has been for many businesses. Our priority with the Additional Restrictions Grant is to support eligible businesses which have previously been unable to access any other form of Government coronavirus grant support. Once these claims have been processed and paid, we may then consider applications from eligible businesses which have previously received grant support.”
“We have put in place a policy which will fairly distribute the funding working within the expectations outlined by the Government in allocating this money.”
“In order to target the money to those businesses that need it the most, our policy supports businesses which have fixed ongoing costs – commitments that are essential to their survival.”
“This means we are unable to accept applications to cover costs such as labour or wages as there are other forms of Government support available, such as the furlough scheme and Self Employment Income Support Scheme. We are also unable to support applications from second homes (including where these are occasionally let out).”
Mark Duddridge, Chair of the Cornwall and Isles of Scilly Local Enterprise Partnership, said: “We know of many businesses that for one reason or another have so far fallen through the net when it comes to grant support to help them through the pandemic. I would urge any business that fits this description to check their eligibility for this new scheme and apply without delay.”
Businesses can also find out more about other support available by contacting the Growth Hub. Their service is free, independent and impartial and their friendly team of locally based experts work directly with businesses to help identify and access the support they need no matter what their circumstances. Contact Growth Hub on 01209 708 660 from 9am until 5pm, Monday to Friday, or visit the website for a webchat with the team or to request a call back. www.ciosgrowthhub.com
In order to target the money to those businesses that need it the most, our policy supports businesses which have fixed ongoing costs – commitments that are essential to their survival.