Business Grants

There are two types of grant relevant to Mole Valley businesses: the Local Restrictions Support Grant is for businesses with a rateable value that have been required to close due to the national restrictions between 5 November and 2 December 2020.  The Additional Restrictions Grant is a discretionary grant for businesses that are not covered by other grant schemes.

The closing date for grant applications is 12 noon Monday 7 December 2020. 

 

Local Restrictions Support Grant

The Local Restrictions Support Grant is for businesses who receive a rates bill from the Council and are required to close during the current lockdown restrictions. A single grant to cover the four-week period will be paid to each eligible business. Businesses with more than one qualifying property will receive more than one grant.

The rate of payment for eligible businesses will be:

  • For properties with a rateable value of £15,000 or under, grants will be £1,334 for the four weeks
  • For properties with a rateable value of more than £15,000 and below £51,000, grants will be £2,000 for the four weeks
  • For properties with a rateable value of £51,000 or over, grants will be £3,000 for the four weeks

 

Apply for Local Restrictions Support Grant

Please contact businessgrants@molevalley.gov.uk if you have any queries with the Local Restrictions Support Grant.

 

Additional Restrictions Grant

This is a discretionary grant which businesses need to apply for in order to receive funding.  The grant is primarily aimed at businesses without a rateable value that are not able to trade and businesses that form part of the supply chain to businesses who have been instructed to close, including those who run a business from home.  Businesses who have been classified as essential but can demonstrate a significant fall in income can also apply under this scheme. Before any payments are made, pre-payment checks will be undertaken to confirm eligibility. 

 

Apply for the Additional Restrictions Grant

Please contact discretionarygrants@molevalley.gov.uk if you have any queries with the Additional Restrictions Grant.

 

Which types of business will be prioritised in the Additional Restrictions Grant?

The following types of businesses will be eligible for grants from this funding pot:

  • Businesses with a rateable value involved in the supply chain to businesses that have been mandated to close by Government, who are able to demonstrate that they have been severely impacted by lockdown. 
  • Businesses without a rateable value involved in the supply chain to businesses that have been mandated to close by Government, who are able to demonstrate a substantial projected loss in income.
     
  • Businesses without a rateable value that have been mandated to close by Government.

Please note the rateable value that was in place for the business on 5 November will be the one that is used to determine grants sums under this scheme.

Eligibility

The Additional Restrictions Grant is for businesses that are not eligible for other support schemes.  Businesses need to have been trading on 5 November 2020.  Companies that are in administration, are insolvent or where a striking off notice has been made are not eligible for funding under this scheme.  Businesses that have not been mandated to close, or cannot demonstrate a loss of income as a consequence of a supplier relationship with businesses who have been mandated to close will not be eligible for this scheme.  If there is no rateable value for the property, the Mole Valley District Council will estimate the rateable value and consider if the business is below this threshold. This threshold applies across England, thus providing a straightforward existing basis which local authorities can use to issue grants.

Evidence required for the Additional Restrictions Grant application

For an application to be considered, we require businesses to demonstrate that they meet the eligibility criteria stated above.  We anticipate that to do this, you will need to provide:

  • Evidence that the business has been mandated to close, where appropriate.
     
  • A declaration setting out the impact that the lockdown has had on the business. 
  • Confirmation of State Aid compliance.

State Aid

There is a requirement for all grants made under the Additional Restrictions Grant fund to be state aid compliant.  Please see further government guidance (Section 58 - 62)

How much funding will be awarded?

Grant funding will be linked to the grant sums being provided through the Local Restrictions Support Grant.  Grant sums will be paid at up to 70% of the relevant sum for the Local Restrictions Grant.   

The grant levels and eligibility criteria are presented below:

RV or property costs up to £15k per annum - £1,334

RV or property costs between £15,001 and £51,000 per annum - £2,000

RV or Property costs of over £51,000 - £3000

Application Process

Before any payments are made, pre-payment checks will be undertaken to confirm eligibility.

Decision Making

Individual grant decisions will be made on a delegated basis by a panel of designated senior officers based on the approved guidelines.  The decision of the senior officers will be final. There is no right to appeal.  All decisions will be communicated by email to businesses, with grant payments if approved made quickly.

Payments of Grant and Tax

All payments of grant will be made by a BACS transfer to the company or business nominated bank account.  Grant income received by a business is taxable therefore funding paid under the Additional Restrictions Grant will be subject to tax.  Only businesses which make an overall profit once grant income is included will be subject to tax.

Managing the Risk of Fraud

Mole Valley District Council will not accept deliberate manipulation and fraud. Any business caught falsifying their records, providing false information or declarations to gain grant money will face prosecution and any funding issued will be subject to claw back, as may any grants paid in error.  All information is subject to internal and external audit checks.