Coronavirus Northern Ireland: £10,000 small business grant scheme now open

Posted by
editor@newrytimes.com
Friday, May 1st, 2020
Business, Coronavirus

Small businesses that occupy a rental property are now able to apply for the £10,000 Small Business Support Grant Scheme, Economy Minister Diane Dodds has confirmed.

Embed from Getty Images

 

A new online form for businesses occupying rental properties is now live on the nibusinessinfo website.

Highlighting this positive development, the Minister told Newry Times, “I am pleased to confirm that small businesses that occupy a rental property can now apply for the £10,000 grant scheme.

 

 

“I have taken this step so that the small business that occupies a rental property, and not the landlord or managing agent who is responsible for paying the rates, will benefit.”

To date 18,508 payments have been issued to companies under the scheme.

The Minister also confirmed that the first payments had been made under the £25,000 grant scheme for businesses in the retail, hospitality, tourism and leisure sectors.

 

 

She continued, “Last Monday applications opened for the scheme to assist businesses in these beleaguered sectors.

“We are issuing payments to successful applicants as soon as officials have verified their applications.

“The first run of payments issued last Friday and we have so far issued 263 payments, which take up to three banking days to appear in accounts.

“Work is also ongoing to set up a similar application process for businesses in these sectors that occupy rental properties.”

 

 

The Minister added, “Both the £10,000 and £25,000 grant schemes must close on 20 May 2020.

“I continue to urge anyone who thinks their business is eligible for support under these schemes to submit their applications before that deadline.”

 

Keep up to date with all the latest Northern Ireland Coronavirus / Covid-19 news HERE

 

Both comments and pings are currently closed.

Comments are closed

-->

This website does not share personal information with third parties nor do we store any information about your visit other than to analyze and optimize your content and reading experience through the use of cookies. You can turn off the use of cookies at anytime by changing your specific browser settings.

We are not responsible for republished content from this blog on other blogs or websites without our permission. This privacy policy is subject to change without notice and was last updated on 16/01/2017. If you have any questions feel free to contact Newry Times by emailing editor@newrytimes.com

Log in