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Companies in England affected by Storm Babet may very well be eligible for hundreds of kilos in authorities help.
The storm induced devastation throughout the midlands and elements of Scotland earlier in October.
If your enterprise has been considerably impacted by latest flooding, you’ll be eligible for 100 per cent reduction on enterprise charges for a minimum of three months.
Small and medium-sized companies in affected areas may even be eligible for as much as £2,500 from the Enterprise Restoration Grant to ‘assist them shortly return to enterprise as normal.’ On prime of that, flood-hit property homeowners can apply for as much as £5,000 to make their enterprise extra resilient to future flooding via the Property Flood Resilience Restore Grant Scheme.
Talking concerning the support, setting secretary, Thérèse Coffey, stated: “Our Property Flood Resilience Restore Grant Scheme will quickly be open to assist residents higher defend their property sooner or later, giving some peace of thoughts as they rebuild and restore.”
A few of the help will probably be given beneath the Flood Restoration Framework, which could be enacted shortly to provide assist to communities affected by extreme flooding.
My enterprise has been hit by Storm Babet – how do I apply for funding?
Very similar to monetary help through the Covid-19 pandemic, native councils will probably be supplying the funding. They’ll announce additional particulars on eligibility and easy methods to apply in the end so control your native council’s web site.
Andrew Goodacre, CEO of the British Impartial Retailers Affiliation (Bira), stated: “We’re glad to see the help measures being put in place so shortly for much-needed reduction to small companies grappling with the results of the damaging storm.
“Help must be made obtainable shortly and the cash allotted to affected companies as a matter of urgency as retailers at the moment are approaching what’s historically the busiest time of the 12 months,” he stated.
Additional studying
Find out how to declare on enterprise interruption insurance coverage post-pandemic – Steven Skiba explains how Covid-19 shook up the world of enterprise interruption insurance coverage and what it’s good to learn about making a declare
150 UK small enterprise grants to use for proper now – UPDATED – In want of some funding to your small enterprise? These grants ought to provide you with a lift, wherever you’re based mostly within the UK
Find out how to get a enterprise grant from the council – Since Brexit, the variety of enterprise grants supplied by native authorities – lots of them funded by the European Union – have dried up. We record council enterprise grants nonetheless obtainable to your small enterprise
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