Businesses that have been affected by flooding can apply for business rates relief and if they didn’t receive a grant through Storm Babet they can also apply for the Government’s Business Recovery Grant through the NSDC website.
The schemes available to affected businesses are:
• Business Rates Relief Scheme – This is 100% relief on your Business Rates for a period of at least 3 months. To receive this support, flood water must have entered the property, or the flooding seriously impacted upon the business’s ability to trade from the property during the recent Storm Henk.
• Business Recovery Grant – This is a grant payment of £2,500 for those badly affected by the recent Storm Henk. In most cases, this will be a similar criteria as the Business Rate Relief Scheme above.
• Nottinghamshire County Council Hardship Grant – The Nottinghamshire Floods Hardship Fund supports residents and businesses affected by flooding. Small or micro businesses with up to 49 employees whose premises have flooded will be eligible for a payment of £300.
Farmers who have suffered uninsurable damage to their land will be able to apply for grants of up to £25,000 through the Farming Recovery Fund towards repair and reinstatement costs for farmers adversely affected by exceptional flooding. The Government’s full announcement is available on its website here.