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. The Government has given a further £617million to local authorities in England, Wales and Northern Ireland to make discretionary grants available and eligible firms can receive a grant of £25,000, £10,000 or any amount under £10,000.
The grant opened on May 29, 2020 and closes at 9am on June 15, 2020; applications can be made via your local council’s website.
Background to the scheme
Initially announced last month by the Government, Business Secretary Alok Sharma and Minister for Regional Growth and Local Government, Simon Clarke, confirmed that up to £617 million would be made available, working out as an additional 5% uplift to the £12.33 billion funding previously announced for the Small Business Grants Fund (SBGF) and the Retail, Hospitality and Leisure Grants Fund (RHLGF).
A business is eligible if it matches the following criteria:
- Has fewer than 50 employees
- Has fixed building costs such as rent
- Was trading on March 11, 2020
- Has been adversely impacted / suffered a significant fall in income due to Covid-19
However, 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
Priority applications are also given to:
- Small businesses in shared offices or other flexible workspaces, such as units in industrial parks or business 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
For more information visit https://www.gov.uk/guidance/apply-for-the-coronavirus-local-authority-discretionary-grants-fund