22/04/2021

Applications Open To Over 1,100 Businesses For Grant Scheme

Applications are now open to over 1,100 businesses across a wide range of sectors for a one-off £50,000 grant to help them with the impact of Covid-19.

The Large NAV Business Grant scheme being delivered by Land & Property Services will provide financial support to businesses occupying large commercial premises with a Net Annual Value (NAV) of over £51,000 and which also qualified for the 12 months rates holiday.

Encouraging eligible businesses to apply, Finance Minisster Conor Murphy said: "Throughout the pandemic I have been determined to ensure that support reached as many businesses as possible.

"This new Grant Scheme will make available more than £50 million of financial assistance to hundreds of businesses across a wide range of sectors including childcare, retail, manufacturing, hospitality, tourism and leisure.

"Although we have started on the Pathway out of Restrictions, businesses are still dealing with the impacts of the pandemic. I hope this one-off grant will help these businesses which didn’t qualify for previous grant schemes."

The scheme is designed to support the business which is the main occupier of a property, not the landlord or any business which rents part of the property from the main occupying business.

Related Northern Ireland News Stories
Click here for the latest headlines.

19 March 2024
New Cost-Of-Living Support For NI Community Groups
New funding has been announced to support 287 Voluntary and Community organisations across Northern Ireland, funded through Department for Communities Voluntary & Community Division (V&CD) and Community Empowerment Division (CED).
13 March 2024
Assembly Agrees Support For Miscarriage Leave In NI
The Assembly has agreed to support the extension of miscarriage leave for workers in NI. DUP Economy Spokesperson, Phillip Brett, brought an amendment to a Sinn Féin motion, which was agreed by the Assembly on Tuesday, 12 March.
05 February 2024
PSNI Highlights Available Support For Sex Abuse Survivors
Welcoming the launch of Sexual Abuse and Sexual Violence Awareness Week, which begins today, (Monday 5 February) the Police Service of Northern Ireland (PSNI) has highlighted the support that is available to survivors, particularly of non-recent abuse.
30 January 2024
Groundhog Day: Advice NI Urges Households To Seek Support As 'Heat Or Eat' Conundrum Continues
NI's largest advice charity dealt with 4,062 cases and £43.4 million in household debt during 2023 As Groundhog Day approaches, Advice NI is encouraging households to seek financial advice and free themselves from the seemingly never-ending cycle of debt.
22 January 2024
Alliance Welcomes Support For Special Covid Memorial
The Alliance Party has welcomed the news that its proposal for a special Covid memorial has received cross party support from Belfast City Council.