The NI Executive is providing a one-off grant of £10,000 to businesses that are currently in receipt of Small Business Rate Relief (SBRR).
Businesses with a Total Net Annual Value of £15,000 and below, who currently benefit from Industrial Derating, are also eligible for the £10,000 grant.
Please note that a number of exclusions apply to the scheme, including:
- SBRR is automatically applied to business properties with a Total Net Annual Value below £15,000, though some exclusions to SBRR apply.
- Vacant properties are not eligible for this grant.
- MP and MLA Constituency offices are not eligible for this grant.
In general, only one grant can be paid in respect of each property and only one grant can be paid to each business, irrespective of how many properties the business occupies. If separate businesses are operating from separate properties, then a grant can be registered in relation to each separate business that occupies a separate property.
For further info on the Small Business Grant Schemes, log onto:
Check out the www.nibusinessinfo.co.uk website for grant information and general business support and advice.