New Support Grants for Businesses Following 22nd February announcements.

Published: 05 March 2021

Following the announcement by the Prime Minister on 22 February, the Government has confirmed the next round of funding to cover the period 16th February 2021 to 31st March 2021. If you have already applied for a Grant from 5th January 2021 there is no need to re-apply.
Eligible businesses that qualified for the first grant for the period 5th January to 15th February will automatically be included in the next round of funding. We anticipate that the first payments will be made by Mid-March. The grant levels have been set as below:
For the period 16th February 2021 to 31st March 2021 (44 days)
• For properties with a rateable value of £15,000 or under: = £2,096
• For properties with a rateable value of £15,001 and less than £51,000: = £3,143
• For properties with a rateable value of £51,000 and over: £4,714
Please do not contact the Council regarding the expiry of the time limited element of the business support grant as officers will not be able of offer any update; and are currently exceptionally busy processing business support grant applications.
Further information see Torridge District Council's Coronavirus Updates page.