T: 023 9351 0435
E: info@matchaccounting.co.uk

Additional Restrictions Grant (ARG) – Business resilience grant

The new scheme will support businesses still seriously affected by Covid-19 and help build them to withstand current conditions since entering Step 4 of the “UK Recovery Roadmap”. The aim is to put in place longer-term improvements and lay foundations for future growth.

 

Applications close on 31 January 2022 at 4pm.

 

If new widespread local or national ‘lockdown’ restrictions are imposed in December 2021 or January 2022, the Additional Restrictions Grant scheme may close earlier.
The grant is limited and will be allocated to eligible businesses on a first come first served basis.
If the grants fund gets all distributed, then the scheme will close and there will be no extra grants paid.

Apply Now

 

The Grant

This is a single one-off discretionary grant payment of between £1,000 and £10,000 which can be used to support businesses that aim to:

  • build business resilience
  • safeguard jobs
  • assist growth
  • create new products or services, and
  • increase productivity

 

Eligibility

Grants are available to businesses that:

  1. Have their main trading address within the Portsmouth City (postcode area PO1 – PO6) and trading for a minimum of six months prior to application
  2. Are trading businesses and not in administration or insolvent or where a striking off notice has been made
  3. Haven’t already received grant payments that equal the maximum levels under Subsidy Control Framework
  4. Have continued to be impacted after the country entered Step 4 of the Covid -19 “UK Recovery Roadmap” in the following sectors:
  • independent hospitality
  • independent retailers (including market traders)
  • independent travel agencies and travel related businesses
  • independent theatres and cultural venues
  • independent live music venues and licensed nightclubs
  • independent local suppliers of goods to the hospitality sector
  • independent direct suppliers of goods and services to the cruise industry
  • independent businesses in the events and conference industry
  • independent operators of industrial business centres for SMEs
  • independent businesses of musicians, artists and performers
  • any of the above that are run as franchise businesses

 

The business must not have received an Additional Restrictions Grant from another local authority since November 2020.
Only one application will be accepted per business.

Full guidance on the grant scheme is available on the application page.

 

 

MATCH is working hard to keep on top of all the latest news and government support so, as always, feel free to get in touch if you have any queries and we’ll be happy to help.

 

MATCH Accounting Limited