New grant schemes now open to help local businesses this January

Published: Wednesday, January 13, 2021

Wandsworth Council is encouraging local businesses to check if they are eligible for any of the council’s seven grant schemes now open to ensure they don’t miss the chance to claim funding.

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Impact of restrictions: Grants for businesses closed by law or allowed to stay open

There are different grants available for the various COVID-19 local restriction tiers that have been in place over the last few months, including a new payment covering the Christmas period for ‘wet’ pubs. Importantly, businesses can still claim for the impact of local restriction tiers imposed during autumn 2020.

The council is running the grant schemes in line with government guidance and funding allocated.

Cllr Rory O'Broin, Cabinet Member for Finance, Resources and Climate Sustainability said: “As we all go through another national lockdown it is vital that we do everything to support our local business sector. The council is here to provide support and guidance for the challenges and road to recovery that 2021 brings so I urge businesses to check their eligibility for both the new grants and those already available and apply straight away.

“So far during the pandemic, Wandsworth Council has issued almost £62m in cash grants to over 5,300 businesses and awarded an additional £68.7m in business rate reliefs, but we know that many businesses have been hit hard and need further support.”

Grants cover different tiers

There are seven Wandsworth Council grant schemes currently open for applications. Businesses can make separate applications for grants to cover each of the different periods of time that they were affected by local restriction tiers.

If you run a non-essential retail, leisure, personal care, sports facility or hospitality business and you have been required to close by law, you could be eligible for one of two Local Restrictions Support Grants for closed businesses (LRSG Closed Addendum or Statutory) if you pay business rates.

If you run a business in the hospitality, hotel, bed & breakfast and leisure sectors and you stayed open during Tier 2 and Tier 3 but trade was severely impacted, you could be eligible for the Local Restrictions Support Grant for open businesses (LRSG Open). You must be registered for business rates.

The council is running a discretionary one-off grant payment scheme which currently helps businesses such as events hire and supply chain firms that suffered loss due to Tier 3 or National Lockdown but have been unable to benefit from previous support schemes. To be eligible for the Additional Restrictions Grant you must have fixed ongoing business-related property costs (but not necessarily business rates) and have been trading on 4 November 2020. A review of the scheme later this month may open up grants to a wider range of businesses.

Some businesses with a business rates liability such as nightclubs, dance halls, discotheques, adult entertainment venues and hostess bars were required to close in March 2020 and have been unable to re-open. These businesses may be eligible for a Local Restrictions Sector Grant (LRSG Sector) which is a statutory scheme. Register and apply for the LRSG Sector grant.

A new one-off payment to help ‘wet’ pubs is called the Christmas Support Payment scheme which covers Tier 2 and Tier 3 in December 2020. Pubs that predominantly serve alcohol rather than provide food may be eligible if there is a business rates liability and they made less than 50% of sales from food pre-COVID (March 2020) or opened after 11 March 2020 and before 1 December 2020 and can prove eligibility for the period they have been open. Register and apply for the Christmas Support Payment - Statutory Scheme

Grant for current lockdown

Recently announced government grants for the current National Lockdown in January 2021 are now available. If you were mandated to close during the restriction period from 5 January to 15 February 2021 and have a business rates liability, you may be eligible for the council's new statutory grant scheme, the Closed Business January Lockdown Support Package.

Register on the business grants system to find out more and apply for a Closed Business January Lockdown Support Package grant.

See the full list of available grants and how to apply