Small and micro businesses in England 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 newly launched Discretionary Grants Fund. The scheme is operated by local councils with applications open from 1st June. Time frame for applications is limited however, with most local authorities providing a tight 2 week window and businesses advised to apply as soon as possible due to limited availability of the funds – check with your local authority for details.
(For details of available funding for Scottish businesses please visit: https://www.gov.scot/publications/coronavirus-covid-19-support-for-businesses/)
A grant of £25,000, £10,000 or any amount under £10,000.
You’re potentially eligible if your business:
Suggested priority has been given to:
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.
You cannot apply if you’re already claiming under another government grant scheme, such as:
You’re still eligible if you’ve applied for the Coronavirus Job Retention Scheme or the Self-Employed Income Support Scheme and businesses that apply for the discretionary grants scheme can also still apply for coronavirus-related loans if they’re eligible.
If you already get state aid, the discretionary grants fund counts towards state aid. 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 COVID-19 Temporary Framework.Payments of £25,000 count as state aid under the COVID-19 Temporary Framework. The limit for the framework is €800,000.
Your local council will ask you to complete a declaration confirming that:
Visit your local council’s website as soon as possible to find out how to apply. Your local council will run an application process and decide whether to offer you a grant.
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.