Access to Finance
The Fitzrovia Partnership signposts businesses to available help and grants.
Government and Camden business support for COVID-19:
Grants available now
1. Restart Grant
This one-off grant supports non-essential retail (Strand One) , hospitality, accommodation, leisure, personal care and gym businesses (Strand Two) to help them to reopen safely.
Important Deadline: Still open for applications until 30 June 2021
Payments will be made by 31 July 2021.
All eligible businesses need to submit a new application to be considered for this grant. There are no automatic payments for this scheme,
Type of payments:
A one-off grant payment under Strand One (non-essential retail)
Properties with a rateable value of £15,000 or under may receive a one-off grant of £2,667
Properties with a rateable value of between £15,000 and £51,000 may receive a one-off grant of £4,000
Properties with a rateable value over £51,000 may receive a one-off grant of £6,000
A one-off grant payment under Strand Two (hospitality, accommodation, leisure, personal care and gym businesses)
Properties with a rateable value over £15,000 may receive a one-off grant of £8,000
Properties with a rateable value between £15,000 and £51,000 may receive a one-off grant of £12,000
Properties with a rateable value over £51,000 or over may receive a one-off grant of £18,000
Subject to subsidy allowance conditions, qualifying businesses will be entitled to receive a grant for each eligible business property. So, some businesses may receive more than one grant where they have than one eligible property.
If a business operates services that could be considered non-essential and also fall into another category, such as hospitality in the higher funding threshold, the main service will be determined by assessing which category constitutes 50% of more of the overall business. Businesses will need to declare their main services and the council will use reasonable judgement to determine whether or not a business is eligible for grants under which funding threshold.
You must be based in Camden and be the ratepayer for the property. The grant is for the ratepayer and may be liable for recovery if the recipient was not the ratepayer on the eligible day (1 April 2021).
You must fall within the non-essential retail, or the hospitality, accommodation, leisure, personal care and gym business thresholds.
You must (under normal circumstances) offer in-person services, where the main service and activity takes place in the fixed rate-paying premises.
You must have been trading on 1 April 2021.
For the purposes of this scheme, a business is considered to be trading if it is engaged in business activity. This may include managing accounts, preparing for reopening, planning COVID-safe measures, online trading, or have staff on furlough. This list of indicators is not exhaustive and the council will use its discretion to determine if a business is trading.
You must not be in breach of the new subsidy rule limits under Article 3.4 of the Trade and Cooperation Agreement (formerly state aid rules applied)
How to apply
Applications must be submitted to Camden Council.
Separate applications are required for each eligible property.
Grants no longer available
- Additional Restrictions Grant (ARG)
- Local Restrictions Support Grant (Closed) – For businesses required to close 5 Nov-2 Dec, 16-19 Dec, 20 Dec-4 Jan and 5 Jan-15 Feb
- Closed Business Lockdown Payment – for businesses required to close during the current national lockdown
- Local Restrictions Support Grant (Open) – For businesses remaining open but impacted by tier restrictions
- Local Restrictions Support Grant (Sector) – for sectors required by Government to close
- Small Business Grant Fund
- Retail, Hospitality and Leisure Grant Fund
- Discretionary Grant fund
- Christmas Support Payment – for “wet-led” pubs impacted by local restrictions during the festive period
The Fitzrovia Partnership has an extensive list of services where we can help and secure preferential rates. Visit our member website
Sources and Useful Links
Government and Official Resources Index
Our Reactivate, Recover, Revive guidance is designed to offer a comprehensive guide to recovery and transformation