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Companies in England affected by Storm Babet may very well be eligible for hundreds of kilos in authorities help.
The storm triggered devastation throughout the midlands and components of Scotland earlier in October.
If your enterprise has been considerably impacted by latest flooding, you’ll be eligible for 100 per cent reduction on enterprise charges for a minimum of three months.
Small and medium-sized companies in affected areas can even be eligible for as much as £2,500 from the Enterprise Restoration Grant to ‘assist them rapidly return to enterprise as regular.’ On prime of that, flood-hit property homeowners can apply for as much as £5,000 to make their enterprise extra resilient to future flooding by means of the Property Flood Resilience Restore Grant Scheme.
Talking concerning the support, setting secretary, Thérèse Coffey, stated: “Our Property Flood Resilience Restore Grant Scheme will quickly be open to assist residents higher defend their property sooner or later, giving some peace of thoughts as they rebuild and restore.”
A number of the help will likely be given below the Flood Restoration Framework, which could be enacted rapidly to provide assist to communities affected by extreme flooding.
My enterprise has been hit by Storm Babet – how do I apply for funding?
Very like monetary help through the Covid-19 pandemic, native councils will likely be supplying the funding. They’ll announce additional particulars on eligibility and how you can apply in the end so keep watch over your native council’s web site.
Andrew Goodacre, CEO of the British Unbiased Retailers Affiliation (Bira), stated: “We’re glad to see the help measures being put in place so rapidly for much-needed reduction to small companies grappling with the implications of the damaging storm.
“Assist must be made obtainable rapidly and the cash allotted to affected companies as a matter of urgency as retailers are actually approaching what’s historically the busiest time of the 12 months,” he stated.
Additional studying
declare on enterprise interruption insurance coverage post-pandemic – Steven Skiba explains how Covid-19 shook up the world of enterprise interruption insurance coverage and what it’s essential find out about making a declare
150 UK small enterprise grants to use for proper now – UPDATED – In want of some funding on your small enterprise? These grants ought to offer you a lift, wherever you’re primarily based within the UK
get a enterprise grant from the council – Since Brexit, the variety of enterprise grants supplied by native authorities – lots of them funded by the European Union – have dried up. We record council enterprise grants nonetheless obtainable on your small enterprise
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