08 Jun Discretionary Business Grants – apply before deadline 15 June 2020
Small and micro businesses with fixed property costs, that are not eligible for the Small Business Grant Fund, or the Retail, Hospitality and Leisure Grant Fund may be eligible for the Discretionary Grants Scheme. Application deadlines are mostly 15 June 2020.
You can get a grant of £25,000, £10,000 or any amount under £10,000.
You’re eligible if your business:
is based in England
has fewer than 50 employees
has fixed building costs such as rent
was trading on 11 March 2020
has been adversely impacted by the coronavirus
Central Government has asked local councils to prioritise businesses such as:
small businesses in shared offices or other flexible workspaces, such as units in industrial parks or incubators
regular market traders
bed and breakfasts paying council tax instead of business rates
charity properties getting charitable business rates relief, which are not eligible for small business rates relief or rural rate relief
Who cannot apply?
You cannot apply if your business:
pays business rates
is in administration, insolvent or has received a striking-off notice
If you’re already claiming funding
You cannot apply if you’re already claiming under another government grant scheme, such as:
Small Business Grant Fund
Retail, Hospitality and Leisure Grant
Fisheries Response Fund
Domestic Seafood Supply Scheme
Zoos Support Fund
Dairy Hardship Fund
You’re still eligible if you’ve applied for the Coronavirus Job Retention Scheme or the Self-Employed Income Support Scheme. Businesses that apply for the Discretionary Grant Scheme can still apply for coronavirus-related loans if they’re eligible.
HOW TO APPLY
Visit your local council’s website to find out how to apply:
Eden Council – deadline 15 June 2020
Allerdale Council – deadline 15 June 2020
Barrow Council – deadline 15 June 2020
Richmondshire Council – deadline 21 June 2020
You do not have to pay the grant back but it will be taxable. Only businesses which make an overall profit once grant income is included will be subject to tax.
If you would like any further information on the above please contact us.