Broxtowe Borough Council will be administering two grant schemes, to support businesses in the Hospitality, Leisure and Accommodation sectors or those businesses supporting these. The first of these schemes is the Omicron Hospitality and Leisure Grant and will be live for businesses, meeting the qualifying criteria, to apply for from 10 January 2022.
The scheme will close for applications on 28 February 2022 and all final payments must be made by 31 March 2022.
- Businesses occupying hereditaments appearing on the local rating list with a rateable value of exactly £15,000 or under on 30 December 2021 will receive a payment of £2,667.
- Businesses occupying hereditaments appearing on the local rating list with a rateable value over £15,000 and less than £51,000 on 30 December 2021 will receive a payment of £4,000.
- Businesses occupying hereditaments appearing on the local rating list with a rateable value of exactly £51,000 or over on 30 December 2021 will receive a payment of £6,000.
Further information and the application form can be found on the Council’s Business Support page
The second grant scheme will be to assist those business that support the Hospitality, Leisure and accommodation sectors. The Council is still awaiting details of the allocation of this grant and will developing the a policy to support businesses as soon as this information is received.
In addition, the Council will also develop a Business Rates Discretionary Rate Relief called the Covid Additional Relief Fund (CARF), to support businesses that have not received any previous support but have been negatively affected by Covid-19. This scheme will be developed over the coming weeks and further information can be found on the Council’s Business Support webpage
Leader of Broxtowe Borough Council, Milan Radulovic said:
“The hospitality and leisure industry has been severely hit as a result of the Covid-19 pandemic. These grants will hopefully go some way to supporting local businesses who need desperately need help and we hope to support as many as possible during these challenging times.”