Grant scheme opens up to more businesses
Businesses across Lichfield District that have lost income due to coronavirus restrictions are being urged to check the District Council’s Additional Restrictions Grant, after the eligibility criteria was expanded to benefit more businesses.
After receiving an extra £930,553 from the Government, Lichfield District Council is opening up its Additional Restrictions Grant scheme to more businesses in the hospitality and leisure sectors.
In phase two of the scheme, hospitality and leisure businesses with a rateable value of more than £51,001 can now apply for a one-off grant of £30,000.
This follows the first phase of the Additional Restrictions Grant scheme, which is still open. This has already seen the council distribute £840,000 to 112 small and micro businesses across the district.
To help more businesses the criteria for both phase one and phase two of the scheme is also changing. Rather than a 30% loss of income over a fixed period, businesses that saw their income decrease by 25% or more over the same period will now qualify for a grant.
Added to this, the council is also offering a fixed £1,000 to members’ clubs that did not qualify for a Christmas Wet-Led Grant back in December.
Councillor Liz Little, Cabinet Member Responsible for Economic Development, said:
“I am really pleased we are able to offer this vital support to even more of our local businesses. It will come as a welcome source of funding in these very challenging times.
“We don’t want any of our local businesses to miss out on the money they are entitled to, and I really urge all business owners that haven’t yet applied for a grant to double check the criteria on our website and to apply as soon as possible.”
The scheme will continue until all the funding is allocated.