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.
News Image
"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.

25 January 2022
Greenway Development Support Announced For Councils
Infrastructure Minister, Nichola Mallon has announced a programme of additional greenway development support for councils. The Minister has previously provided £4 million of capital grant funding in support of Council greenway projects, but was made aware of the need for further assistance in the development of greenway proposals.
21 January 2016
Flood Protection Grant Scheme To Be Extended - O'Neill
The Homeowner Flood Protection Grant Scheme is to be extended to small non-domestic properties, Agriculture Minister Michelle O'Neill has announced. The extension comes in addition to the Executive's decision to commit £1.3million to flood prevention. "I very much welcome the Executive's decision to commit £1.
07 January 2020
Irish Language Bursary Scheme Opens
The Líofa Gaeltacht Bursary Scheme which promotes the use of the Irish language has opened for applications.
23 August 2005
Higher value markets produce sustainable returns, says minister
Agriculture Minister Jeff Rooker has announced two grant awards totalling £134,500 to encourage moves towards new higher-value markets.
27 May 2005
NI food industry gets £2.79m aid package
Agriculture Minister Jeff Rooker has announced details of a £2.79 million EU award package for the Northern Ireland food-processing sector. The awards, totalling £2.44 million from EU funds and £0.