Businesses can apply online through East Herts Council for a share of the government’s £20 billion of business rates support and grant funding to help the most-affected firms manage their cash flow through this period.
The measures include:
100% business rates holiday for 12 months for all retail, hospitality and leisure businesses
£25,000 grants to retail, hospitality and leisure businesses with a rateable value from £15,001 and up to £50,999
£10,000 grants to retail, hospitality and leisure businesses with a rateable value up to £15,000
businesses eligible for Small Business Rate Relief (SBRR) will receive a one-off £10,000 grant payment
£5,000 business rates discount for public houses (increased from £1,000).
Jan Goodeve, East Herts Council’s executive member for planning and growth, said the council are in the process of awarding the first tranche of grants. She said: “We are under no illusion about the difficulties that all types of businesses face, both now and in the longer term.
“We will do everything we can to support the businesses that are the lifeblood of the economy of East Herts throughout this crisis.”
The National Lottery Heritage Fund has put together a £50million fund to support the heritage sector offering grants of between £3,000 and £50,000. It is available to organisations across the full breadth of heritage, including historic sites, industrial and maritime heritage, museums, libraries and archives, parks and gardens, landscapes and nature.
Arts Council England is offering individuals and organisations working in the cultural sector new financial support during the crisis, totalling £160 million.
Sport England has £195 million of funding to help the sport and physical activity sector.
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