North East Lincolnshire Council

COVID-19: Business grants and support

Government grants are being made available in North East Lincolnshire to help businesses get through the COVID-19 emergency.

Measures announced by government so far include:

Business Rate Relief

100% Business rate relief for all businesses in the retail, hospitality and leisure sectors for 2020/21 and 100% Business rate relief for all non-Local Authority child care providers for 2020/21. For these, new bills will be issued to businesses as soon as possible.

Find out more about Business Rate relief.

Small Business Grant and Retail, Hospitality and Leisure Grant

Under the Small Business Grant, all businesses in England in receipt of Small Business Rates Relief (SBRR) and Rural Rates Relief (RRR) will be eligible for a payment of £10,000.

Grants of up to £25,000 for businesses in the retail, hospitality and leisure sectors with a rateable value of less than £51,000.

Find out more about the Small Business Grant Fund and the Retail, Hospitality and Leisure grant fund:

Local Authority Discretionary Grants Fund

The Government has recently granted Local Authorities some discretion over the eligibility of the business rates grants. As a result of this, some previously ineligible businesses can now be considered for this extended scheme. There are limited funds available and businesses that have already accessed a grant through other COVID related schemes are not eligible to apply (apart from the Self-Employment Income Support Scheme).

The online application form will go live Monday 1 June and close at midnight on Sunday 14 June.

We are asking for additional information to be submitted with your application therefore you may wish to gather this in preparation for submitting your application.

Please read our guidance and FAQs for further information:

Self-Employment Income Support Scheme (SEISS)

The Chancellor announced a new scheme at the end of March to support self-employed people whose business has been adversely affected by coronavirus. The Self-Employment Income Support Scheme provides a taxable grant of 80% of average monthly trading profits, paid in a single instalment of up to a total of £7,500.

Find out more about the Self-Employment Income Support Scheme.

Large Business Interruption Loan Scheme

The Coronavirus Large Business Interruption Loan Scheme (CLBILS) supports large businesses, with an annual turnover of over £45 million. All viable businesses with turnover of more than £45 million per year can apply for up to £25 million of finance. Firms with a turnover of more than £250 million can apply for up to £50 million of finance.

The scheme is available through a series of accredited lenders, which are listed on the British Business Bank website.

Find out more about the Large business interruption loan scheme.

Bounce Back Loan Scheme (BBLS)

Additionally, the Government has introduced a guaranteed loan scheme for any small or medium sized business (with turnover of no more than £41 million) that needs access to cash to help with immediate business costs. Businesses can borrow between £2,000 and up to 25% of their turnover. The maximum loan available is £50,000.

To access these facilities, businesses should contact banks and lenders.

Find out more about Bounce back loans.

Help with grant applications

If you need help with grant applications and any other COVID support please email businesssupport@e-factor.co.uk to arrange a call back from one of their advisors.

Working safely

Government guidance to help employers, employees and the self-employed understand how to work safely during the coronavirus pandemic.

The government, in consultation with industry, has produced guidance to help ensure workplaces are as safe as possible.

These guides cover a range of different types of work. Many businesses operate more than one type of workplace, such as an office, factory and fleet of vehicles. You may need to use more than one of these guides as you think through what you need to do to keep people safe.

For more information go to GOV.UK – Working safely during COVID-19.

To ask us a question about the guidance use the Businesses staying safe during COVID-19 form.

Related websites

Humber Growth Hub – Local business support advice

Business Support – Details of Government support and advice to businesses

NHS – Coronavirus

GOV.UK – Coronavirus

GOV.UK – Social distancing advice in other languages