Not taken for Granted..

1 Jun 2020

The Discretionary Grant Fund supports small and micro businesses that are not eligible for other grant schemes. The latest HMRC article explains how...
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. <h2>What you get</h2> You can get a grant of £25,000, £10,000 or any amount under £10,000. <h2>Eligibility</h2> You’re potentially eligible if your business: <ul> <li>is based in England</li> <li>has fewer than 50 employees</li> <li>has fixed building costs such as rent</li> <li>was trading on 11 March 2020</li> <li>has been adversely impacted by the coronavirus</li> </ul> We’ve asked local councils to prioritise businesses such as: <ul> <li>small businesses in shared offices or other flexible workspaces, such as units in industrial parks or incubators</li> <li>regular market traders</li> <li>bed and breakfasts paying council tax instead of business rates</li> <li>charity properties getting charitable business rates relief, which are not eligible for small business rates relief or rural rate relief</li> </ul> Local councils have discretion about how to prioritise this funding. Please check with your council for details of their scheme. You cannot apply if your business is in administration, insolvent or has received a striking-off notice. <h3>If you’re already claiming funding</h3> You cannot apply if you’re already claiming under another government grant scheme, such as: <ul> <li>Small Business Grant Fund</li> <li>Retail, Hospitality and Leisure Grant</li> <li>Fisheries Response Fund</li> <li>Domestic Seafood Supply Scheme</li> <li>Zoos Support Fund</li> <li>Dairy Hardship Fund</li> </ul> You’re still eligible if you’ve applied for the <a href="https://www.gov.uk/guidance/claim-for-wages-through-the-coronavirus-job-retention-scheme" title="">Coronavirus Job Retention Scheme</a> or the <a href="https://www.gov.uk/guidance/claim-a-grant-through-the-coronavirus-covid-19-self-employment-income-support-scheme" title="">Self-Employed Income Support Scheme</a>. Businesses that apply for the discretionary grants scheme can still apply for <a href="https://www.gov.uk/government/collections/financial-support-for-businesses-during-coronavirus-covid-19#support-for-small-and-medium-sized-businesses" title="">coronavirus-related loans</a> if they’re eligible. <h3>If you already get state aid</h3> The discretionary grants fund counts towards state aid. <h3> </h3> Payments of £10,000 or less count towards the total de minimis state aid you’re allowed to get over a 3 year period - €200,000. If you have reached that threshold, you may still be eligible for funding under the <a href="https://ec.europa.eu/competition/state_aid/what_is_new/covid_19.html" title=""><abbr>COVID-19</abbr> Temporary Framework</a>. Payments of £25,000 count as state aid under the <abbr>COVID-19</abbr> Temporary Framework. The limit for the framework is €800,000. Your local council will ask you to complete a declaration confirming that: <ul> <li>you will not exceed the relevant state aid threshold</li> <li>you were not an ‘<a href="https://www.gov.uk/guidance/innovation-apply-for-a-funding-award#undertakings-in-difficulty--eu-definition" title="">undertaking in difficulty</a>’ on 31 December 2019. This applies only to the <abbr>COVID-19</abbr> Temporary Framework</li> </ul> <h2>How to apply</h2> Visit your local council’s website to find out how to apply: <h2> </h2>

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