Monmouthshire’s businesses affected by additional Covid-related restrictions are eligible for a Welsh Government grant that will offer cash flow support during the current pandemic. The Welsh Government’s Restrictions Business Fund is aimed at supporting businesses that operate within the hospitality, tourism, leisure sectors, or their supply chain and non-essential retailers that have been affected by the latest restrictions that came into force on 4th December and 20th December 2020.
Eligible businesses that received a payment under the previous Firebreak Lockdown Non Domestic Rate grant scheme will already have received an additional automatic payment of either £3,000 or £5,000. Businesses that have not received the automatic payment or did not previously apply for the Firebreak Lockdown NDR grant can access the new scheme by completing a short application on the council’s web page – www.monmouthshire.gov.uk/business-advice/. Businesses with a rateable value of between £51,000 and £150,000 operating in the hospitality, tourism, leisure, or their supply chain and non-essential retail sectors may also be eligible for a Restrictions Business Fund NDR grant.
These grants are currently only available to businesses that are liable for business rates on a property in Monmouthshire. A scheme to assist Monmouthshire businesses that are not liable for business rates will be launched shortly.
Monmouthshire’s cabinet member for Enterprise, Councillor Bob Greenland said: “We recognise the anxiety in the local business community following the latest lockdown which is why the council has already paid out £2.1m under this latest grant scheme. Meanwhile, I urge businesses that believe they are eligible for the Restrictions Business Fund to study the criteria on our business advice web page and apply for a grant as soon as possible.”
Further information on the Restrictions Business Fund is available by contacting BusinessSupportGrants@monmouthshire.gov.uk