11 May Business grants update
The third round of the Additional Restrictions Grant (ARG) is now open for new applications.
Hammersmith & Fulham Council has so far delivered more than £2 million of grant payments to local businesses, for the first and second rounds of the ARG scheme.
The ARG grant is for micro and small businesses trading in the borough which are excluded from the Local Restrictions Grant schemes. It’s aimed at helping these businesses to pay their fixed costs during the national lockdown restrictions from November 2020 to April 2021.
Self-employed people who have received Self-Employment Income Support Scheme (SEISS) payments are now eligible for this round.
The following criteria apply to applicants:
- Businesses that were not legally required to close during the lockdown but were severely impacted by restrictions.
- Businesses that were required to close during the lockdown but are not registered for business rates.
- Businesses that can demonstrate a decrease in income of at least 30% from November 2020 to March 2021.
Previous eligible applicants from the first and second ARG rounds do not need to apply again for this round as they will receive a further top-up payment. The Council team will contact businesses directly by email to request additional documentation, before making a top-up payment by the end of May 2021. And all previous unsuccessful applicants from the first and second round, but who now meet the new criteria, will be reassessed.
Completed applications must be submitted by 23.59 on Friday 14 May 2021.
For more information about the Additional Restrictions Grant, or to find out about the Restart Grant scheme, which will open soon to support qualifying non-essential retail, hospitality, accommodation, leisure, personal care and gym businesses, please click here.