Funding Support for Circuit Breaker Lockdown 3.0 | March 2021

Support & Guidance for March circuit breaker lockdown

Date: Tuesday 02 March 2021

1. Business Support Grant will be open for applications who are materially impacted by 25% or more by the circuit breaker lockdown. This includes outside construction trades that are permitted to continue to work outside but only if they can evidence that there has been a significant drop in demand for their
services or that they have been required to go into shielding or isolation. The amount will be the same - £1500, and applications can be applied for from tomorrow 5pm. As was in January you must meet the criteria such as min £250 overheads.

2. Salary Support has increased from £280 to £310 per week. Applications are open now for February, and March will be open at the end of the month. February claim remains at £280 and March will be £310.

3. MERA had increased from £200 to £230 per week. Applications will be open from the 4th March, and will be payable from 3rd March.
Keep an eye on Local Companies of the Isle of Man for regular updates and q&a's from the business community.

Link to access the funding can be found here

Click here to read the Chief Ministers speech from the briefing this morning

Rules for business for the new circuit breaker:
• Work from Home mandated, minimum staff for essential operations only
• Hospitality closed other than for takeaway/ delivery
• Nightclubs closed to public
• Indoor Leisure closed to public (gym instructors may access gyms to record remote workouts and streams)
• Hotels and accommodation closed other than for isolation/ key workers
• Essential shops open with social distancing
• Non-Essential shops closed to public other than collection/ delivery
• Outdoor Leisure closed to public other than collection/delivery
• Lifestyle businesses closed to public other than collection/delivery
• Construction and trades - outdoors only, with mitigations. Indoors and domestic settings for emergency works only. See guidance for outside trades used in Jan for assistance Guidelines for Construction

As always, Chamber is here for you so please reach out if you need any additional support and don’t forget we have our amazing advisory platform with a wealth of experienced business people who can offer advice and guidance.