Business Grants for Corona Virus

Business Grants from Cheshire East to assist during the Corona Virus Crisis

CEC have now distributed business grants to 3,480 eligible businesses in Cheshire East, with a total value of more than £45.2 million.  (Information correct at 9:30am 21st April 2020).

However, there are many more qualifying businesses in Cheshire East than the average local authority, so CEC are continuing to ensure that grants are paid to all eligible businesses as quickly as possible, while ensuring that the process is secure and the money is going to the correct bank accounts.

It is important that everyone understands the government’s eligibility criteria for these grants, as not all businesses in the area will be eligible.

There are two grant funding schemes, which cover three scenarios.

·       A small business grant fund of £10,000 for all businesses that are in receipt of small business rate relief;

and

·       Grant funding for retail, hospitality and leisure businesses

o   a grant of £10,000 for retail, hospitality and leisure businesses with property where the rateable value is up to £15,000 or;

o   a grant of £25,000 for retail, hospitality and leisure businesses with property – where the rateable value is over £15,000 and below £51,000 (RV between £15,001 – £50,999)

Businesses that might qualify should visit the website at Help for Businesses where they will be able to find information and the answers to the majority of their questions. CEC are keen to issue this grant money as quickly as they can. 

Businesses may also qualify for other forms of financial help.

You may be able to delay you Business Rates payments, and collection of Rates may be dealt with very sympathetically if you contact Cheshire East; again, go to e at Help for Businesses

And see their business support page for details of other schemes available to businesses through the COVID-19 crisis.

This gives details of Government schemes, the Cheshire and Warrington Growth Hub, a Business Helping Business scheme, and a job matching service that seeks to match employers looking for workers with those who have lost employment due to the Corona Virus crisis.