Croydon Council launches Evening and Night Time Economy grant

Croydon BID has been lobbying hard for increased support of the Night Time Economy since first launching the prominent and highly successful Raise The Bar campaign last year.

We therefore welcome the news today that Croydon Council is opening up their Additional Restrictions Grant funding to further help the Croydon businesses hardest hit by ongoing Covid-19 restrictions.

Any evening and night-time venues with fixed premises costs (that have had to close due to local and national restrictions) could be eligible for a one-off £10,000 payment. These grants will be paid on a first-come, first-served basis so it’s important that applications are made swiftly. The grants do not have to be paid back. 

These grants are for venues who bring Croydon town centre to life in the evenings. To be eligible, venues must demonstrate that evening and night-time trade usually plays a fundamental role in the day-to-day operation of the business. They must have physical premises from which they trade and pay a regular (monthly) business mortgage or rent. These grants do not cover the retail sector (whether essential or non-essential retail) or businesses who rent out venue space but do not themselves serve paying customers on site. 

Matthew Sims, chief executive at Croydon BID said:

“The grant announced today by Croydon Council is vital in supporting our Evening and Night Time Economy. It recognises the importance and desperate need of our night time economy in a time when many have been closed. In conjunction with the announcements made in the Chancellor’s budget 2021 statement, it offers further certainty and hope for the future.  

As we emerge from the current lockdown, alongside the loosening of restrictions, we hope to see our well-loved local pubs, restaurants, bars and nightclub venues reopen allowing us all to come together once more.”

Please check the eligibility criteria and apply through the link below.

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