A new grant scheme aimed at small businesses who have not been eligible for support during the coronavirus pandemic has opened.
Small and micro businesses with fixed property costs who are not eligible for the Small Business Grant Fund or the Retail, Hospitality and Leisure Grant Fund may be eligible for the new Discretionary Grants Scheme.
What can I get and am I eligible?
You can get a grant of £25,000, £10,000 or any amount under £10,000.
You are potentially eligible if your business meets the following criteria: your business must be based in England; have less than 50 employees; have fixed building costs such as rent and been trading on 11 March 2020. Also, the business must have been adversely impacted by the coronavirus.
Local councils have been asked to prioritise businesses such as:
Local councils have discretion about how to prioritise this funding and it’s important that you check with your council as to what scheme they can offer.
Businesses that apply for the discretionary grants scheme can still apply for coronavirus-related loans if they’re eligible.
If you are unsure and would like some further advice to not hesitate to contact a member of our team firstname.lastname@example.org
6 July 2020
The Self-Employment Income Support Scheme (SEISS) was been introduced to help the self-employed (including members of business partnerships) through this period of disruption. The scheme has…
1 July 2020
The housing market has been extremely slow during lockdown, making it difficult for many to move house. This has caused a massive problem for people who…
29 June 2020
You might be affected if any of your employees are working from home because of coronavirus either because your workplace has closed or your employee is…