16th November 2020
Latest Updates from Teignbridge District Council
Local Restrictions Support Grant
Status: Live
Due to the new Government national restrictions, some businesses can apply for a Local Restrictions Support Grant (LRSG).
The following businesses which have been forced to close could qualify for a grant:
For properties with a rateable value of £15,000 or under, grants to be £1,334 per 28 days
For properties with a rateable value of over £15,000 and below £51,000, grants to be £2,000 per 28 days
For properties with a rateable value of £51,000 or over grants to be £3,000 per 28 days
Go online to find out if you are eligible and how to apply.
Additional Restrictions Grant
Status: Coming soon
The Additional Restrictions Grant (ARG) provides local councils with grant funding to support closed businesses that are not registered for business rates as well as businesses that do not have to close but which are severely impacted by the new national restrictions.
We have received Government guidance on the eligibility criteria of this scheme and are working to put a process in place to enable the grants to be paid. Please be aware that it could take several weeks until eligible businesses receive any grant funds.
A new edition of the Business Brief will be released once this scheme goes live.
Brexit transition: time is running out
There are new rules for businesses and citizens from 1 January 2021.
Answer a few questions to get a personalised list of actions. You can also sign up for emails to get updates for what you need to do.
Small Business Saturday
Small Business Saturday is a grassroots, non-commercial campaign, which highlights small business success and encourages consumers to ‘shop local’ and support small businesses in their communities.
The next Small Business Saturday takes place on 5 December 2020.
Find out how you and your business can get involved.