Government Funding and Support for Businesses Affected by Covid-19

South Lakeland District Council has released information about government funding and support for businesses affected by the coronavirus outbreak. The full statement is posted below.

Business Rates Bills for 2020/2021, Government Funding and Support

As the Covid-19 situation is developing, we will endeavour to keep you up-to-date with relevant information and the role that we are playing for our business community. To keep you informed please visit www.southlakeland.gov.uk which we will be posting updates on a regular basis.

Business Grant Funding – Details of grants available are being developed by Central Government and the Coronavirus (COVID-19) support and advice page on our website will be updated regularly with more information on how to apply as we receive it. We are expecting this either tomorrow, 20 March or early next week.

  • Those eligible for Small Business Rate Relief (SBRR) or Rural Rate Relief (RRR) you may be eligible for grants up to £10,000 to help meet their ongoing business costs.
  • For those in the retail, hospitality and leisure businesses with property rateable values between £15,000 and £51,000, grant funding up to £25,000 is available.

Business Rates Bills for 2020/21 – You may have just received your business rates bill for 2020/21. Please note that these do not include newly announced discounts or payment holidays. These will be applied automatically and you do not need to take any further action. Please bear with us while we await further advice from Central Government.

We are encouraging all businesses with cash flow concerns to speak directly with your business banks, insurance providers, landlords, commercial agents and supply chain about potential payment holidays and flagging business interruption with them. 

  • You can sign up to receive GOV.UK email alerts on Coronavirus here.
  • Sign up to receive our business newsletter here.

We are here to support you where possible in the coming weeks and months. Please do not hesitate to contact us to discuss your situation and if you feel the Council could help with your concerns. SLDC has Business Continuity Plans in place and is working hard to ensure that we can continue to operate our services so that we can support our community as the Coronavirus response develops.

SLDC Economic Development Team

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