Business Grants and Support

A call out to businesses and organisations occupying premises registered for business rates

The Council has been paying the Government funded £10,000 and £25,000 coronavirus (covid-19) grants to eligible businesses and organisations e.g. charities and sports clubs since the beginning of April. 

As at 1st June 989 grants totalling £11.7 million have now been paid but there are still a number of businesses and organisations eligible for the grants that have yet to complete the online payment process form to be paid the grant.

How to claim your coronavirus (covid-19) grant

Any businesses or organisations that have not yet been paid should first check their eligibility (see below or https://www.gosport.gov.uk/businessrates) and then complete an online form to initiate the grant payment process. 

This form has to be completed because we need to confirm your Bank Account details and gather some additional information.  You will need to have your bank account details and attach either a copy of a bank statement showing the account details or a copy of a cheque to verify that the account belongs to the ratepayer.  Photographs will be accepted.

Once your eligibility has been confirmed by our Business Rates Team payment will be made automatically via BACS to your nominated bank account. There is no other formal confirmation provided therefore if you have not received a payment within two days please contact Businessrates@gosport.gov.uk to check the status of your payment.

N.B. IT HAS COME TO OUR ATTENTION THAT THERE ARE FIRMS OFFERING TO CLAIM THE GRANTS FOR RATEPAYERS FOR A FEE.   THIS IS NOT NECESSARY AS YOU DO NOT NEED TO PAY SOMEONE TO DO THIS FOR YOU.   PLEASE CONTACT US FIRST BEFORE ENTERING INTO A CONTRACT.

Small Business Grant and Retail, Hospitality & Leisure (RHL) Grants

These Government funded grants are being implemented via Local Authorities and the business rates system. They are as follows:

  • Small Business Grant funding of £10,000 for all businesses and other organisations in receipt of small business rate relief, or rural rate relief as at 11/03/2020.
  • RHL Grant funding of £10,000 for eligible businesses and other organisations in those sectors occupying premises as at 11/03/2020 with a rateable value of up to £14,999.
  • RHL Grant funding of £25,000 for eligible businesses and other organisations in those sectors occupying premises as at 11/03/2020 with a rateable value of between £15,000 and £51,000.

RHL businesses in the eligible sectors will also qualify for a business rates payment holiday during the 2020/21 financial year.

For more information about these grants, including sector eligibility, please see the following documents published by the Government:

For more details of its implementation locally, including the payment process, please see the Business Rates section of the Council's website.

Solent Local Enterprise Partnership's 'Pay it Forward' Grant Fund (£2,000 or £5,000)

The Solent LEP Pay it Forward fund is seeking projects that can demonstrate how they will help a business cope with current challenging trading conditions. There is a maximum pledge of up to £2,000 per micro business (fewer than 10 staff) and up to £5,000 per small business (fewer than 50 staff) available, contributing up to 50% towards the total target.  For more details please see https://solentlep.org.uk/crowdfunding-programme-pay-it-forward/

Solent Local Enterprise Partnership's 'Covid-19 Restart, Restore and Recover Loan' Scheme (from £100,000 and up to £1,500,000)

This Loan Fund has been shaped to provide two routes to funding for local limited companies:

  • Loans of between £250,000 and £1,500,000 for businesses providing Economic Lifeline and Essential services who need bridging finance ahead of accessing other government support, or for those who need loan finance and cannot access other government support, such as the Coronavirus Business Interruption Loan Scheme (CBILS).
  • Loan funding of between £100,000 and up to £1,500,000 where other Covid-19 support is not available, or the amount businesses can access is insufficient to deliver their recovery plan.

Other Government provided Coronavirus (Covid-19) financial support and information

Please see the following links for the information and latest updates provided by the Government:

This includes specific information on:

Locally provided business advice and support

Both Enterprise South and WSX Enterprise are offering free 1-2-1 advice to local start-up and small businesses, see:

The Solent Local Enterprise Partnership and its Solent Growth Hub are offering business advice and financial support, including the Crowdfunder's Pay it Forward grant scheme for the self-employed, micro and small businesses:

Plus from the Federation of Small Businesses and Hampshire Chamber of Commerce: