Local businesses are being urged to act quickly if they haven’t yet submitted a claim for a grant from the Government’s coronavirus business support funds.
The Small Business Grant and Retail, Hospitality and Leisure Grant schemes will soon close and applications for grants will not be accepted after Friday, 28th August 2020.
The scheme, which was set-up at the start of the pandemic, has already administered nearly £50million in cash support for eligible Wirral businesses, but there is still a number within the borough that have not yet come forward to make a claim.
A one-off £10,000 cash grant is available to businesses active as of 11th March and registered for business rates in receipt of small business rate relief (SBRR) or rural rate relief.
A one-off, cash grant of either £10,000 or £25,000 is also available for retail, hospitality and leisure businesses active as of 11th March, registered for business rates with a rateable value below £51,000. Please be aware businesses can only claim one grant.
The council has recently written again to all business premises which it believes are entitled to the cash grant in an effort to underline that this funding is available to them to help meet their ongoing business costs.
Businesses which have received a letter from the council and haven’t yet submitted a claim, should do so before the 28th August deadline. Similarly, businesses that have not received a letter but believe that they may be eligible should also review the webpage noted below to determine if a claim can be made.
The claims process is simple and straightforward. It is a grant NOT a loan and as such, does not have to be paid back. Please go online at https://www.wirral.gov.uk/health-and-social-care/coronavirus-updates/financial-aid-businesses to make a claim and review the full criteria.
Cabinet Member for Finance Councillor Janette Williamson said: “The council is urging eligible businesses to submit a claim before 28th August.
“This scheme was established to help businesses survive through the effects of the Covid-19 pandemic and it is as important as ever, as we look to secure jobs and the local economy, that this money be awarded to those who are eligible. It cannot be stressed enough, this money is for Wirral businesses and if it is not claimed, it will have to be returned to Government, as funding can only be used for this particular business rates-related scheme.
“It is vital this message is shared amongst the business community so residents should spread the word amongst family, friends, neighbours and colleagues so that we can get the grants to those who are eligible to have them.”