Small business and retail grant funding

The Government has introduced new grants under its response to COVID-19. The grants will be distributed as widely as possible by the Council.

We are currently working hard to identify all those who may be eligible for the grants, however we do need to gather additional information from many businesses. We are now starting to phone, text, email and write to businesses depending on the contact information we currently hold.

Below is a list of information that we need to make the grant payments for eligible businesses. Please email businessrates@colchester.gov.uk with the following information if you do not think we currently have this on your account.

  • Applicant full name (including title)
  • Phone number
  • Business email address
  • Rate payer date of birth
  • Business Rate account reference
  • Full property address
  • Name of business/organisation
  • Registered Company name (As registered with Companies House if applicable)
  • Company number (As registered with Companies House if applicable)
  • VAT Registration Number
  • Business Bank sort code
  • Business Account number
  • Name on the business bank account

Scheme 1 – Business Support Grants Fund

£10,000 will be given through the support grant to:

  • properties in receipt of rural rate relief 
  • properties in receipt of small business rate relief  

Exclusions

  • businesses whose rates are calculated with the small business rate relief multiplier, but who do not receive small business rate relief, will not be eligible 
  • business properties which are occupied for personal use, such as private stables, beach huts and moorings, will not be eligible 

Scheme 2 – Retail, Hospitality and Leisure Business Grants Fund

£10,000 will be given through the grant to businesses in the retail, hospitality and leisure sectors with a rateable value of £15,000 or less.

£25,000 will be given through the grant to businesses in the retail, hospitality and leisure sectors with a rateable value of over £15,000 and under £51,000.

Please note that for all grants, further eligibility criteria may apply.


 
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Page last reviewed: 27 May 2020