Originally written by Timothy Adler on Small Business
Rishi Sunak has announced a £5bn Restart Grant scheme to help any small business most badly affected by Covid-19, according to reports.
A Restart Grant worth up to £18,000 for the largest businesses will help shops, pubs, hotels and any other small business through to June 21, when it’s hoped the final coronavirus restrictions will be lifted.
Mr Sunak is also expected to announce on Wednesday that other small business support schemes such as furlough will be extended until the end of June.
Where to find your Restart Grant
The Restart Grant scheme, administered by local councils, will help almost 700,000 small business owners including those running shops, pubs, clubs, hotels restaurants, gyms and hair salons.
Non-essential retail businesses will get up to £6,000 per premises through the Restart Grant scheme to help them reopen. Shops will reopen no earlier than April 12, according to the Government’s Covid-19 roadmap.
More Restart Grant money will be available for any small business in hospitality, accommodation, leisure, personal care and gyms, which will reopen later and will be more affected by restrictions. They can receive up to £18,000, depending on their rateable value.
Meanwhile, local authorities in England will also get an extra