Yes, here is yet more information on grants available BUT if you have received grant funding from the Self Employment Income Support Scheme, Small Business Grant Fund, Retail, Hospitality and Leisure Grant etc etc then it’s probably not worth reading on as you will not be eligible for this Discretionary grant.
However, if you are a small business (self-employed, sole trader or limited company) that has slipped through the net and not received any Government funding then read on……….
A discretionary fund has been set up to accommodate certain small businesses previously outside the scope of the business grant funds scheme. Businesses must be small, under 50 employees, and they must also be able to demonstrate that they have seen a significant drop of income due to Coronavirus restriction measures.
There will be three levels of grant payments. The maximum will be £25,000. There will also be grants of £10,000. Local authorities will have discretion to make payments of any amount under £10,000. It will be for councils to adapt this approach to local circumstances. The funds will be administered by local councils so check on your local council web page to see if they are offering these discretionary grants.
If you’re not sure who your local authority is check the governments local authority finder
……………and then search their webpage to find the latest information
Each council is likely to have its own set of criteria / rules. Application must be made online and the application window is short so get in quick !!!
You’ll need to provide:
details about your business, for example turnover information, registration numbers and employee details etc, how your business has suffered
bank account details
We found this one for Medway Council
If you have received grant funding from other means (Self Employment Income Support Scheme, Small Business Grant Fund, Retail, Hospitality and Leisure Grant etc) you will not be eligible for a discretionary grant.
If you’re still looking at what funding you might be able to apply for, use the government business support finder