Business grants and financial support

Find out about the financial support available to businesses in Rutland affected by the COVID-19 pandemic.

  1. Update on Covid-19 business grants (national schemes)
  2. Update on Covid-19 Additional Restrictions Grant (discretionary grant)
  3. Other support available
  4. Closure of previous grant support schemes
  5. Useful links

 Update: 20 July 2021

COVID-19 business grants (national schemes)

No amount of public funding can compensate for the pressures and financial losses many businesses have faced during the pandemic.    

Throughout the pandemic, Government has released a series of grant schemes to support and sustain businesses impacted by the virus. These national grants have been awarded to specific types of businesses as well as businesses in sectors that either had to close for periods of time e.g. during lockdown, or who have been severely impacted as trading had been curtailed. 

The grants have been administered by local authorities according to guidance documents provided by Government. Each grant has seen a specific set of guidance with grant award levels and qualifying criteria set by Government. Grant levels have typically been determined by three headline criteria:

  1. The business rateable value
  2. Whether the business is legally required to close or severely impacted
  3. The length of time of any restrictions (tier, lockdown, for example)

Restart grants closed in June 2021. The Government has indicated that, as final restrictions are lifted on the 19 July, there will be no further national COVID-19 business grant schemes.

COVID-19 Additional Restrictions Grant (discretionary grant)

The Government first announced it would award discretionary grant allocations, known as the Additional Restrictions Grant (ARG), to local authorities on 3 November 2020. The Government has provided overarching guidance on how local authorities might use their allocation. Unlike the national grants local authorities have greater autonomy over using this grant within the scope of the Government’s guidance. 

As the deployment of ARG funds is at each local authority’s discretion individual local authorities are able to develop their own models for awarding ARG to their local businesses. This is why a business in one local authority might receive a grant with a similar business in another authority receiving a different amount, a grant at a different time or indeed no grant at all. In Rutland we have previously used ARG funds to support severely impacted smaller businesses outside the business ratings system, and to provide ‘top up’ grants to rated businesses in the hospitality sector.

Since November 2020 Rutland County Council has received three payments into its ARG ‘pot’ totalling £1,495,437. This includes our most recent award of £342,223.

Most businesses were able to reopen from the 17 May. The Government’s decision to delay the move to step 4 of the roadmap from the 21 June to the 19 July meant trading restrictions continued to apply to licenced businesses. As a result of this detail these businesses had to continue to operate ‘table service only’; limiting footfall and putting restrictions on capacity.

Travel agents also continue to experience severe restrictions on trade as a result of current limitations on overseas travel. To manage cross-border transmission of COVID-19 the UK Government has, at different points, placed countries on amber or red lists restricting or stopping non-essential foreign travel. Likewise other countries have closed their borders to foreign visitors, bookings have fallen significantly and, until these restrictions are eased, travel agents will be severely impacted.

On this basis the Council has decided to use its ARG 3 allocation to pay small ‘top up’ grants to licenced businesses and travel agents that are business rated. The Council will be in contact with eligible businesses via email to arrange for payment of these grants. We will use our records of licenced premises and business rates data to identify eligible businesses. Businesses will need to respond to the email in order to trigger payment. The email will come from: LocalTaxation@rutland.gov.uk 

The window for businesses to respond to the email closes at 5pm on the 31 August 2021.

View the Additional Restrictions Grant 3 policy

Future plans

Once we have reconciled payments we aim to launch one final scheme: the ARG Enterprise and Innovation Fund.  This will be very different from the previous grants which have been determined by sector, or business size or evidence of impact. We are still to develop the details but expect the focus of these funds will be:

  1. Enterprise: To support a small number of entrepreneurial micro businesses to invest in skills or access professional services - for example to develop a business plan, get assistance to promote their products or support to start exporting. 
  2. Innovation: To support a small number of innovative businesses that need investment to get their business growth plans back on track.

More details will follow later in the autumn.

Other support available

Closure of previous grant support schemes

COVID-19 grant schemes are now closed. The Council can no longer accept applications or make payments for any of the following schemes.

  • LRSG (open) – In Rutland - Tier 2, 2 December 2020 to 30 December 2020, Tier 3, 31 December 2020 to 4 January 2021
  • LRSG (sector) – sector specific support
  • LRSG (closed)
  • LRSG (closed) Addendum: Tier 4 - (Not applicable for Rutland)
  • LRSG (closed) Addendum (November) - 5 November 2020 to 1 December 2020
  • Closed Businesses Lockdown Payment - one off payment
  • LRSG (closed) Addendum: 5 January 2021 to 15th February 2021 – first six-week payment
  • LRSG (closed) Addendum: 16 February 2021 to 31 May 2021
  • Restart Grants: 4 April 2021 to 31 March 2021

Useful links

1.   Reopening business and venues in England

2.   COVID-19 business support

Update: 20 July 2021


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