Business support-4

Update on Covid-19 Business Support Grants

Businesses in the Cotswolds are being reassured that the Council's finance team is actively assessing Covid-19 grant applications against the backdrop of a rapidly changing national situation.

To date, the Council has paid out £1,763,554 to 1,110 businesses from the mandatory and discretionary schemes for the lockdown ending on 2 December.

Applications covering the Tier 3 and 4 restrictions period from 2 December to 4 January are in the process of being assessed along with payments to pubs where food comprises up to 50 per cent of their income. 

The Council finance team is also now reviewing fresh Government guidance for the new lockdown one-off top-up grant for retail, hospitality and leisure businesses. The grant is valued at £4,000, £6,000 or £9,000 per property, depending on rateable value.

Further information on the new scheme please visit:

https://www.gov.uk/government/news/46-billion-in-new-lockdown-grants-to-support-businesses-and-protect-jobs

Cllr Tony Dale , Cabinet Member for the Economy, said: “We appreciate business concerns and our team is working incredibly hard to process applications as quickly as possible.

“An already complicated set of grants has been made more so by the new lockdown but I would like to reassure business owners that we will process payments as soon as we can and provide updates on new rounds of grants once we have received all of the guidance.”

Information on the different grants available during local restrictions and lockdowns are available on the Council’s business grants webpage.

We will be sending out regular email updates in our business newsletter. Join our Business Matters mailing list to receive the latest business news and read previous editions.

Contact Information

For media enquiries, please contact the Communications Team

press@cotswold.gov.uk