Applications are now open for the ‘CBSS – Circuit Break Lockdown (March 2021)’. The Coronavirus Business Support Scheme (CBSS) has been re-opened to support businesses and self-employed persons who have regular business overheads of £250 or more per month who are financially affected by the Circuit Break Lockdown.
Formed under the Coronavirus Business Support Scheme, the CBSS - Circuit Break Lockdown (March 2021) support offers a grant payment of £1,500 to eligible applicants who declare that they have experienced or are expected to experience a 25% or more reduction in turnover/earnings due to the March 2021 Isle of Man Circuit Break Lockdown.
Businesses who have previously applied or received payment through the January 2021 Circuit Break Lockdown Scheme will be required to apply again for this period, however their applications will be fast tracked. This will be based on declarations that their situation remains unchanged.
Applications opened at 5pm today (Wednesday 3rd March 2021) and will close at 5:30pm on the 31st March 2021.
The full guidance, including eligibility criteria and a link to apply can be found at: www.iomdfenterprise/cbss-cbl
Businesses and self-employed individuals may also be able to receive support through the Salary Support Scheme or Manx Earnings Replacement Allowance. More information on support available can be found at: www.gov/coronavirus