Last updated: 20th November

 

All the government support for people and businesses is detailed on the Government website.  The ‘support finder’ tool will quickly identify the financial support that is available to you. Find out more here.

The government announced a national lockdown for the period 5th November to 2nd December 2020 and has introduced new financial support measures to help businesses and the self-employed during this time.

Local Restrictions Support Grant and Additional Restrictions Grant:

For businesses required to close due to national ‘lockdown’ restrictions, a new Local Restrictions Support Grant has been introduced. Grants of up to £3,000 will be given to businesses that meet the government’s eligibility criteria. This grant will be administered by your local authority. Please note each local authority will be publishing their application process and local guidance on their website so please keep checking their web page for further information. (please see table below for the contact details and website links)

Local authorities have also been provided with Additional Restrictions Grant funding which will support businesses that have had their trade affected by the restrictions. This includes, closed businesses that don’t pay business rates and businesses that have not been required to close, but are still severely impacted. Each local authority has the discretion to establish business grant schemes or other business support as best fits their area.

Further government schemes include:

If you would like to view the Winter Economy Plan, you can do so here.

 

For the attention of Hampshire hospitality, leisure and tourism businesses

 

Financial support administered by your local authority

For more information on support from your local authority, please head to their dedicated Covid-19 web page on their website. (you will need to click on the table below to access the links, this will open as a PDF file for you)

 

Local Authorities Hampshire Covid19

 

Financial Support from the Banks

There several loan schemes available for businesses. The application deadline for the below schemes has been further extended until 31 January 2021.

The full rules of the above schemes and guidance on how to apply is available on the British Business Bank website.

 

Other support

 

Local support

You can also find free support, advice, and information on sources of finance through your local Growth Hub.

 

If you have a query that isn’t covered by this guidance you can contact the Government Business Support Helpline.

 

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