Covid-19: Business grants and financial support
On this page
- Restart Grants from April 2021
- Local Restrictions Support Grants
- Essential Business Grants
- Future Covid-19 Grant Support
- Citylife Business Support
- Business Rates Relief
- Further help and advice
Businesses with commercial premises that are registered for Business Rates and are in the sectors specified by Government are eligible for a one-off Restart grant of up to £18,000. The level of grant payable to each business will vary depending on the date on which the sector is due to reopen, and the rateable value of their property.
Details of the eligibility criteria and level of grant available, are provided here.
Important information – eligible businesses we have approved through our previous Winter grant schemes do not need to apply for the Restart Grant. Payments will be made automatically. The grant scheme comes into effect from early April, with payments expected to reach eligible businesses by the end of April. We will contact these businesses directly to confirm payments.
Eligible businesses that have not previously received support through our Winter grant schemes will need to apply for the Restart Grant. A link to the online application form will be published on this page during April.
Businesses that are not registered for business rates or fall outside these sectors will not be eligible for a Restart Grant. We hope to be able to provide grants to some of these businesses through the Additional Restrictions Grant funding, and will provide further information on how to access this once we are able to do so.
The Covid-19 Local Restrictions Support Grants are now closed to new applications. We are still processing some applications that were made before the end of March 2021, and will continue to approve grants for eligible businesses until the end of April 21. If you have a query about an existing application, please contact firstname.lastname@example.org quoting your application reference number.
The council has developed a new scheme aimed at helping businesses who have been excluded from earlier grant schemes as they have been classed as essential and allowed to trade during lockdown but are suffering from severe financial impact due to lost trade.
The Essential Business Grants Scheme available cover two specific sets of businesses:
- Taxi drivers who held a valid Taxi Driver Licence with Newcastle City Council on 31/12/2020. Grants will be a one-off payment of £250. We estimate that almost 4,000 drivers will benefit from the scheme.
- Small and medium sized businesses who operate from commercial premises in Newcastle that have experienced a significant financial impact, who have not been able to receive a Covid-19 Winter Grant due to the eligibility criteria. This might include, for example, sandwich shops in the city centre that has seen a fall in passing trade, or essential services such as childcare that have remained open but had reduced numbers. To access this grant, businesses will need to provide evidence of their commercial premises and the financial impact experienced. Grants will be a one-off payment of £4,000. This funding is limited and will be allocated in order of applications received.
Resources for the Essential Business Grants Scheme are limited for the £4,000 grant. This means we cannot guarantee that we will be able to provide a grant to every business that meets the criteria. As we have reached our current limit, any further applications will be added to our reserve list.
At this time, we are unfortunately unable to provide grants to every business, including those businesses without fixed premises costs such as home-based and mobile businesses. We are aware that in some cases, these businesses have faced a fall in income not fully met through Government support, and/or face significant costs in re-opening their business activities.
In recognition of this, we hope to soon be able to launch a new Newcastle Business “Springback Fund” which would target grants of £1,500 to businesses that have so far been ineligible for other grants. This could include businesses such as home-based businesses and mobile operators like driving instructors, child-care providers, window cleaners and coffee carts, and will aim to help those businesses to re-establish successful trading in the city.
This is subject to approval, and as resources are limited, we cannot guarantee that every potentially eligible business will receive a grant. We will publish further information on the application process and criteria for this grant on this page when it is available.
Tailored advice to help SME’s to adapt to new challenges and safeguard jobs
Citylife Business Support is a new service for SME’s who have be adversely affected by COVID-19.
Funded though the £1.5 million Capacity Fund that was granted to Newcastle City Council by the North of Tyne Combined Authority, it is part of the city’s commitment to supporting businesses, voluntary and community organisations and unemployed residents who have been adversely impacted by COVID-19. Read more here
Those retail, hospitality and leisure businesses who pay business rates will also be able to benefit from a 12-month payment holiday this year. This process will be automated, and businesses do not need to contact the council. Any additional support through the Business Rates system will be managed by the Business Rates team. For further information, see the Business Rates Coronavirus Information page.
To find out what support you may be able to access from Government through the Job Retention (Furlough) Scheme, Self Employment Income Support Scheme and other measures, visit the Government’s Coronavirus Business Support website.
We have a specialist team who can provide support for businesses during this difficult time.
Please email email@example.com and our team will be in touch as soon as possible.
We also continue to offer our usual support for businesses. Details of this can be found via our Business support in Newcastle page.