Grants now available for businesses and charities affected by the coronavirus
Businesses in Wakefield are now receiving grant funding to help them during the coronavirus outbreak and the Council are urging other local business and charities to come forward to receive support.
The Council have already helped over a thousand local businesses and charities across the district to receive their Government grant but there are many more that are eligible for support.
There is an easy online business grant application form on the Council's website and all businesses and charities need to do is fill it in and if they are eligible, they will receive the funds as soon as possible.
The Government recently announced business grants for small businesses and cash grants for those in the retail, hospitality and leisure industries.
Cllr Darren Byford, Wakefield Council's Cabinet Member for Economic Growth and Regeneration, said: "It is such a relief that businesses across the district are now starting to receive this much-needed support.
"Our business grant application form speeds up the process for businesses and makes it easier for them to access the grants.
"Although we are receiving a high number of applications, our teams are working really hard to make sure eligible business get this money as soon as possible.
"We are extremely proud of our local economy and I encourage all local businesses to fill in the form if you are eligible and please get in touch with us for any further help and support."
Businesses that pay little or no business rates are eligible for a one-off grant of £10,000 if:
- Their business is based in England
- They are a small business and already receive Small Business Rate Relief and/or Rural Rate Relief
- They are a business that occupies property
Businesses in the retail, hospitality and leisure sectors, including charity shops, are eligible for a grant of up to £25,000 per property. If the businesses or charity has a rateable value of under £15,000 they will receive a grant of £10,000 or if the rateable value is between £15,000 and £51,000 they will receive a grant of £25,000.
Businesses are eligible for this grant if:
- Their business is based in England
- Their business is in the retail, hospitality and/or leisure sector
- Properties that will benefit from the relief will be occupied hereditaments that are wholly or mainly being used:
- as shops, restaurants, cafes, drinking establishments, cinemas and live music venues
- for assembly and leisure
- as hotels, guest and boarding premises and self-catering accommodation
The form is available at https://forms.wakefield.gov.uk/Forms/BusinessGrant/BusinessGrantForm.aspx
The Government have also introduced recent changes to their previously introduced loan interruption scheme. The changes will ensure that all viable businesses affected by coronavirus will be eligible for loans to help with cash flow. The changes intend to make the process easier for businesses to access vital funds with many banks now moving to an online application to ensure funds are allocated speedily. The loans are interest free for 12 months with no set-up fees.
For further help and support, please visit the Council's dedicated webpage for businesses at https://www.wakefield.gov.uk/business/coronavirus-%E2%80%93-help-for-businesses which has a range of FAQs to refer to including help with cash-flow problems, tax liabilities, account managers they can talk to and advice on managing staff during these difficult times or please contact email@example.com
The Step-Up service is also still offering a telephone service for residents. Step-Up can provide advice for anyone in the district whether self-employed, furloughed or unemployed to find work, improve their skills or make a career change. To contact the team call 01924 303334.