Cambridge City Council launches two new Covid grants for businesses
Two new grant schemes for city businesses are now available through Cambridge City Council.
The first is the national Omicron Hospitality and Leisure Grant (OHLG), which is only available for business rate-paying businesses in the hospitality, accommodation and leisure sectors. Depending on rates banding, eligible businesses may receive up to £6,000 under this grant. The council has an allocation of £1.6m for this phase of the grant scheme.
The second is the council’s local Covid-19 grant scheme, called the Additional Business Support Grant (ABSG), which is funded through the government’s Additional Restrictions Grant (ARG) funding. This grant is for businesses not qualifying for the OHLG scheme. Cambridge received an ARG top-up of around £215,000 in January 2022 for this phase.
Cllr Mike Davey, executive councillor for finance and resources, said: “We’re very pleased to have the opportunity to provide further support to businesses impacted by the Omicron variant through these new grants.
“The pandemic has placed severe demands on many businesses so I urge business owners to take a look at our website and apply as soon as possible if they think that they meet the eligibility criteria.
“We are also offering extra support through our partners and again, I would encourage businesses to take up these opportunities if they are eligible.”
These schemes are in addition to other council funded support for businesses in the city, including:
- The Cambridge Green Business Grant Scheme, run in partnership with the Chambers of Commerce and Allia.
- Free digital audits for 20 businesses located within the city’s Business Improvement District (BID) area.
- Support for knowledge intensive city businesses through the Growthworks service.
Further information and application forms are available here. The closing date for applications for both grant schemes is February 21. Please note that the Additional Business Support Grant may close sooner depending on how quickly the £215,000 top-up is fully committed.