Support for Businesses and Employees

The Government and local authorities are providing ongoing support for businesses across Greater Birmingham who have continued to be negatively impacted by Covid-19. Read below for more information about the support and incentives available to help your businesses during this challenging and uncertain period

More detailed information on support for businesses and self-employed people during the pandemic can be found on the Government’s Coronavirus Hub or on our Covid-19 Support Grid. Businesses based in Birmingham City Council’s area can also find details about local support on their website.


Support and grants

Grants for Hospitality and Leisure Businesses:

The Government is introducing targeted grant support for hospitality and leisure premises that are experiencing difficulties because of the Omicron variant.

Recipients must be solvent businesses, and ratepayers in the hospitality and leisure sector. Grants are per premises and the amount paid is varied by rateable value of each eligible premises:

Rateable value/Value of grant:

£0-15,000 RV - £2,700 grant

£15,000-51,000 RV - £4,000 grant

More than £51,000 RV - £6,000 grant

Final application and payment dates for the grants will be confirmed in guidance published by the Department for Business, Energy and Industrial Strategy.

 


Recovery Loan Scheme:

The Recovery Loan Scheme is currently open to businesses of any size to help them access loans and other kinds of finance to help their post-pandemic recovery and transition period. Businesses must be able to show that they were adversely impacted by the pandemic.
 
The Scheme has been extended until 30th June 2022, though with a number of significant changes coming into effect from 1st January 2022.
For example, the Scheme will now only be open to small and medium sized enterprises; the maximum amount of finance available will be £2 million per business; and the guarantee coverage that the Government will provide to lenders will be reduced to 70%.

More information, including the eligibility criteria, is available on the Government’s website. To apply, businesses will need to find a lender accredited to offer Recovery Loans from the British Business Bank.
 
As with the current CJRS, employers are still able to choose to top up employee wages above the scheme grant at their own expense if they wish.

 


Business Relief Rates:

Some properties are eligible for discounts from the local council on their business rates. More information about business rate relief can be found on the Government’s website.

Businesses in the retail, hospitality or leisure sectors are eligible for 66% off their business rates bills until 31st March 2022. From 1st April 2022, these businesses will have a 50% rate reduction automatically applied. 


Additional Restrictions Grants:

Local authorities in England will receive a top-up worth a total of £102 million to their ARG fund. The ARG top up will be prioritised for local authorities who, like Birmingham City Council, have distributed their existing allocation.

Use of the funding will be at the local authority’s discretion, but is intended to support businesses who are impacted by Covid-19 but may not be eligible for the hospitality and leisure grant.

Final application and payment dates will be confirmed in guidance published by the Department for Business, Energy and Industrial Strategy.

Please see our Covid Support Grid in the top right corner of this page for more details.


 

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Coronavirus Support