Mr Patsy McGlone (Mid Ulster): To ask the Minister for the Economy what business support grant is being developed for businesses in rental properties with a total net annual value between £1,591 and £15,000.
Minister for the Economy: The Small Business Support Grant is available to businesses who are a sole tenant of a rental property that has a Total Net Annual Value (NAV) of £15,000 or below. Businesses can apply for the grant and find further information at https://www.nibusinessinfo.co.uk/content/coronavirus-£10000-small-business-grant-rental-properties-and-total-nav-£1590-or-below .
The same web portal is used for businesses that own their own property which has a total NAV of £1,590 or below. However this NAV does not relate to rental properties.