Stroud businesses urged to check if they qualify for remaining grant money

Five Valleys’ firms are being urged to check if they qualify for grants of up to £4,500, as Stroud District Council extends its deadline to help as many as possible through the pandemic.

By Andrew Merrell  |  Published
Stroud District Council is urging businesses to check if they are eligible for Additional Restrictions Grant as it extends the deadline to help as many as it can.
Stroud District Council is urging businesses to check if they are eligible for Additional Restrictions Grant as it extends the deadline to help as many as it can.

Businesses have been given extra time to apply for grants from Stroud District Council to help deal with the impact of the pandemic.

Sums of up to £4,500 per business are available through the local authority, which has extended the deadline for applications to the Additional Restrictions Grant (ARG) until 25 June 2021.

One-off discretionary payments are available to businesses not covered by other grant schemes, or where additional funding is needed that met the eligibility criteria between 16 February and 21 March 2021.

The deadline extension is aimed at businesses that were eligible, but have not made a claim. Any firm which has already made an application or received payment under the scheme should not apply again.

Cllr Doina Cornell, leader of Stroud District Council, said since the start of the pandemic the local authority has given out more than £44 million in business grants. She urged every business to double check whether they can apply for the remaining ARG money.

The grant is available to:

a. Businesses occupying properties with a rateable value of exactly £15,000 or less, or with fixed annual ongoing business-related costs of exactly £15,000 or less will receive a payment of £2,001 plus a one off top up award of £2,001.

b. Businesses occupying properties with a rateable value of over £15,000 and less than £51,000 or with fixed annual on-going business-related costs of more than £15,000 and less than £51,000 will receive a payment of £3,000 plus a one off top up award of £3,000.

c. Businesses occupying properties with a rateable value of exactly £51,000 or more, or with fixed annual ongoing business-related costs of £51,000 or more will receive a payment of £4,500 plus a one off top up award of £4,500.

For more information, see stroud.gov.uk.

By Andrew Merrell


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